Keel Infrastructure Corp.·4

Apr 6, 4:51 PM ET

Howlett Brian 4

4 · Keel Infrastructure Corp. · Filed Apr 6, 2026

Research Summary

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Keel Infrastructure (KEEL) Director Brian Howlett Receives RSU Award

What Happened
Brian Howlett, a director of Keel Infrastructure Corp. (KEEL), received an award of 101,010 restricted stock units (RSUs) on April 2, 2026. The RSUs were granted at a $0.00 price (no cash paid) and are recorded as a derivative award; reported value at grant is $0 in the Form 4 filing. This was an equity compensation grant (an award), not an open-market purchase or sale.

Key Details

  • Transaction date: April 2, 2026; Filing date (Form 4): April 6, 2026 (Accession 0001193125-26-143922).
  • Grant: 101,010 RSUs @ $0.00 (derivative award); total reported cash consideration $0.
  • Shares owned after transaction: not specified in the provided filing details.
  • Footnotes:
    • F1: Each RSU represents a contingent right to receive one common share or an equivalent cash value at the issuer’s election.
    • F2: The RSUs vest on April 2, 2027 (one-year vesting).
  • No 10b5-1 plan, tax-withholding, or late-filing flag is indicated in the provided data.

Context
RSU grants are a common form of executive/director compensation and do not involve an immediate purchase or sale of shares. The RSUs will only convert into actual shares (or cash) if and when they vest on April 2, 2027 and per the issuer’s election, so this award does not immediately change tradable share count.

Insider Transaction Report

Form 4
Period: 2026-04-02
Transactions
  • Award

    Restricted Stock Units

    [F1][F2]
    2026-04-02+101,010101,010 total
    Common Stock (101,010 underlying)
Footnotes (2)
  • [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one common share or an equivalent value in cash at the issuer's election
  • [F2]The RSUs will vest on the first year anniversary of the grant, on April 2, 2027.
Signature
/s/ Rachel Silverstein, as attorney-in-fact|2026-04-06

Documents

1 file
  • 4
    ownership.xmlPrimary

    4