Goldstein Scott (NMN) 4
Research Summary
AI-generated summary
AADX Director Scott Goldstein Receives RSUs and Buys 500 Shares
What Happened
Director Scott Goldstein was granted 4,250 Restricted Share Units (RSUs) on June 4, 2026, valued at $20.00 per share (total $85,000) and also purchased 500 shares in an open/ directed purchase at $20.00 per share (total $10,000). The RSU grant is a compensatory award (no shares issued until vesting); the 500-share transaction was an actual purchase.
Key Details
- Transaction date: June 4, 2026. Prices: $20.00 per share for both the RSU grant and the purchase.
- Quantities/values: 4,250 RSUs (A) = $85,000 not immediately issued; 500 shares purchased (P) = $10,000.
- Vesting/settlement: RSUs vest on the first anniversary of the grant (or immediately prior to the next Annual Meeting, if sooner) contingent on continued board service; each vested RSU converts to one common share and will be delivered within 30 days of vesting.
- Purchase type: The 500 shares were bought under the issuer’s directed share program in connection with the company’s IPO (per footnote).
- Shares owned after transaction: Not specified in this Form 4 filing.
- Filing timeliness: Reported on the same date as the transactions (no late filing indicated).
Context
RSUs are a compensation award and do not represent immediate ownership until they vest; the separate 500-share purchase is an outright buy (more indicative of personal investment). This filing shows both a routine director equity grant and a small insider purchase, rather than any insider sale.