Howlett Brian 4
Research Summary
AI-generated summary
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.