Ison James 4
4 · ONE STOP SYSTEMS, INC. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
One Stop Systems (OSS) CPO James Ison Receives RSU Award
What Happened
- James Ison, Chief Product Officer of One Stop Systems (OSS), was granted 34,313 restricted stock units (RSUs) on Feb 7, 2026 under the company's 2017 Equity Incentive Plan.
- To cover tax liabilities when some prior RSUs converted to shares, Ison forfeited 6,546 shares (at $9.24 each, $60,485) on Feb 7 and 3,120 shares (at $8.70 each, $27,144) on Feb 15 — a total forfeiture of 9,666 shares (~$87,629).
- Ison transferred (gifted) 8,213 shares on Feb 7 and 4,263 shares on Feb 15 (total 12,476 shares) to a revocable family trust of which he is trustee and a beneficiary.
Key Details
- Transaction dates and prices:
- Feb 7, 2026: Award of 34,313 RSUs (A, $0.00 reported for grant); forfeited 6,546 shares for tax withholding at $9.24 (F); transferred 8,213 shares to trust (G).
- Feb 15, 2026: Forfeited 3,120 shares for tax withholding at $8.70 (F); transferred 4,263 shares to trust (G).
- Ownership after transactions:
- The trust now directly owns 12,476 shares (and these are indirectly owned by Ison as trustee per the filing).
- The filing notes the reporting person continues to hold significant unvested RSUs (footnotes reference totals such as 148,076; 133,317; 125,934 unvested RSUs across grants), all subject to vesting conditions.
- Notable footnotes:
- The 34,313-item entry is an RSU grant for ongoing executive service (F1).
- Forfeitures were to cover tax withholdings when vested RSUs converted into shares (F3, F7).
- Transfers to the trust are gifts/transfers to a revocable family trust where Ison is trustee and a beneficiary (F5, F9, F6).
- Filing timeliness:
- The Form 4 was filed on Mar 2, 2026 for transactions occurring on Feb 7 and Feb 15, 2026 — this filing date is later than the typical 2-business-day reporting window and may be considered late.
Context
- The grant of RSUs (A) is an award, not an immediate open-market purchase or sale; value is realized only as RSUs vest and convert to shares.
- Forfeitures labeled F are routine tax-withholding actions when RSUs vest and convert; they are not open-market sales and generally do not signal a bearish view.
- Gifts/transfers to a family trust (G) are commonly estate-planning moves and do not necessarily reflect trading intent.
- Transaction codes: A = Award/Grant, F = Payment of exercise price or tax liability (withholding), G = Gift/Transfer.
Facts only — no speculation on motivations.
Insider Transaction Report
Form 4
Ison James
CPO
Transactions
- Award
Common Stock
[F1][F2]2026-02-07+34,313→ 155,836 total - Tax Payment
Common Stock
[F3][F4]2026-02-07$9.24/sh−6,546$60,485→ 149,290 total - Gift
Common Stock
[F5][F4]2026-02-07−8,213→ 141,077 total - Gift
Common Stock
[F6]2026-02-07+8,213→ 226,885 total(indirect: By Trust) - Tax Payment
Common Stock
[F7][F8]2026-02-15$8.70/sh−3,120$27,144→ 146,170 total - Gift
Common Stock
[F9][F8]2026-02-15−4,263→ 141,907 total - Gift
Common Stock
[F6]2026-02-15+4,263→ 231,148 total(indirect: By Trust)
Footnotes (9)
- [F1]Represents 34,313 restricted stock units granted to the Reporting Person under the Company's 2017 Equity Incentive Plan (the "Plan") in connection with the Reporting Person's ongoing service of the executive management team.
- [F2]Includes 148,076 unvested restriced stock units held by the Reporting Person, all of which remain subject to certain vesting conditions.
- [F3]The Reporting Person forfeited 6,546 shares of common stock upon conversion of 14,759 vested and outstanding restricted stock units into shares of common stock to cover tax withholdings, using the market price of the Issuer's common stock at the time of forfeiture. These restricted stock units were part of the grant reported in Table I of the Form 4 filed by the Reporting Person with the Securities and Exchange Commission on February 7, 2025.
- [F4]Includes 133,317 unvested restricted stock units held by the Reporting Person, all of which remain subject to certain vesting conditions.
- [F5]On February 7, 2026 the Reporting Person transferred 8,213 shares of common stock to the James J. Ison Jr. & Sha-Marie A Ison TR UA 06 04 2020 James J. Ison Jr. & Shah-Marie A Ison Inter Vivos Revocable Trust (the "Trust"), of which the Reporting Person is trustee. The Reporting Person and members of his immediate family are the sole beneficiaries of the Trust.
- [F6]These shares are owned directly by the Trust, and indirectly by James Ison as trustee of the Trust.
- [F7]The Reporting Person forfeited 3,120 shares of common stock upon conversion of 7,383 vested and outstanding restricted stock units into shares of common stock to cover tax withholdings, using the market price of the Issuer's common stock at the time of forfeiture. These restricted stock units were part of the grant reported in Table I of the Form 4 filed by the Reporting Person with the Securities and Exchange Commission on July 1, 2024.
- [F8]Includes 125,934 unvested restricted stock units held by the Reporting Person, all of which remain subject to certain vesting conditions.
- [F9]On February 15, 2026 the Reporting Person transferred 4,263 shares of common stock to the James J. Ison Jr. & Sha-Marie A Ison TR UA 06 04 2020 James J. Ison Jr. & Shah-Marie A Ison Inter Vivos Revocable Trust (the "Trust"), of which the Reporting Person is trustee. The Reporting Person and members of his immediate family are the sole beneficiaries of the Trust.
Signature
/s/ James Ison|2026-02-24