Duso Wayne 4
Research Summary
AI-generated summary
Keel Infrastructure (KEEL) Director Duso Wayne Receives Award
What Happened
Duso Wayne, a director of Keel Infrastructure Corp. (KEEL), was granted 101,010 restricted stock units (RSUs) on April 2, 2026. The award was reported at $0.00 per unit (derivative award), so the Form 4 shows $0 as the acquisition value. These RSUs represent contingent rights to one common share each (or an equivalent cash payment at the issuer’s election) and will vest on April 2, 2027.
Key Details
- Transaction date: April 2, 2026; Form 4 filed April 6, 2026 (filed within the standard two-business-day window).
- Transaction type: Grant / Award (derivative), code A.
- Amount: 101,010 RSUs granted at $0.00 per unit (reported value $0).
- Shares owned after transaction: Not stated in the supplied filing details.
- Footnotes: F1 — each RSU = contingent right to one common share or cash; F2 — RSUs vest on April 2, 2027.
- No 10b5-1 plan, sale, or tax-withholding action reported in this filing.
Context
RSU grants are a form of compensation for directors/executives and are common; they do not represent an open-market purchase (a stronger bullish signal) or an immediate sale. Value and ownership change only when RSUs vest and are settled (in shares or cash), at which point tax consequences and potential insider holdings will change.