Ware Jason Matthew 4
Research Summary
AI-generated summary
iAnthus (ITHUF) CFO Jason Ware Receives 78.95M RSU Award
What Happened
Jason Matthew Ware, Chief Financial Officer of iAnthus Capital Holdings, Inc. (ITHUF), was granted 78,947,368 restricted stock units (RSUs) on 2026-05-15. The RSUs were reported as an award (code A) with a $0.00 per-share acquisition price (aggregate $0). Each RSU represents the contingent right to receive one share of common stock upon vesting.
Key Details
- Transaction date: 2026-05-15 (reported on Form 4 filed 2026-05-15).
- Award amount: 78,947,368 RSUs (≈78.95M). Price at grant: $0.00 (aggregate $0).
- Vesting: Scheduled to vest on the first anniversary of the grant (subject to continued service).
- Delivery: Vested shares (or, at the issuer’s sole discretion, cash equal to the fair market value) will be delivered within 73 days following the vesting date. (See footnote F1.)
- Shares owned after transaction: Not specified in this Form 4.
- Timeliness: Filing date matches the transaction date (appears timely); no late-filing indication in the record.
Context
This is a grant of RSUs (an equity award), not an open-market purchase or sale. RSUs are contingent awards that convert into actual shares only upon vesting and meeting service conditions; the grant itself does not represent immediate share ownership or a sale. Such awards are common as compensation and retention tools and should be interpreted as grants subject to future vesting rather than immediate insider buying or selling.