Shribman Daniel 4
Research Summary
AI-generated summary
Rare Earths Americas Director Daniel Shribman Receives RSU Award
What Happened
- Daniel Shribman, a director of Rare Earths Americas, Inc. (REA), was granted 6,610 restricted stock units (RSUs) on May 7, 2026. The filing lists the acquisition price as $0.00 per unit (derivative award), so there was no cash paid or received at grant. This is a compensation award (transaction code A), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-05-07; Filing date: 2026-05-08 (timely; within Form 4 reporting window).
- Award: 6,610 RSUs; price per unit listed: $0.00; total immediate cash value reported: $0.
- Nature: Derivative grant (each RSU is a contingent right to one share).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes: F1 — each restricted stock unit converts to one share of REA common stock; F2 — RSUs vest on the earlier of one year from grant or the day before REA’s 2027 annual meeting, subject to continued employment.
Context
- RSUs are a deferred compensation award that convert into shares only after vesting; they do not represent an immediate stock purchase or sale. The grant indicates compensation alignment with the company but is not a direct market signal like an insider buy or sell.