Schmeiser Susan Lee 4
Research Summary
AI-generated summary
Genasys (GNSS) Director Susan Schmeiser Receives RSU Award
What Happened
- Susan Lee Schmeiser, a director of Genasys Inc. (GNSS), received a grant of 47,620 restricted stock units (RSUs) reported on 2026-03-17. The award is recorded at $0 consideration (i.e., no cash paid). Each RSU represents a contingent right to one share of common stock.
Key Details
- Transaction type: Award/Grant (Form 4 code A)
- Transaction date: 2026-03-17; filing date: 2026-03-19 (filed within the usual two-business-day Form 4 deadline)
- Shares/units granted: 47,620 RSUs; grant price reported as $0.00 (no cash paid)
- Shares owned after transaction: Not specified in the provided filing excerpt
- Footnote: F1 — RSUs vest upon the earlier of (i) the Company’s 2027 annual shareholder meeting or (ii) a change of control; each RSU converts to one share and will be settled solely in shares
Context
- This was a compensation grant (RSUs), not an open-market purchase or sale. Such awards are commonly used for director compensation and do not by themselves signal buying or selling intent. The RSUs are contingent until they vest, at which point they convert to shares (subject to the vesting conditions above).