Aiyer Ganesh 4

What Happened Aiyer Ganesh, President of Keel Infrastructure Corp. (KEEL), received two equity awards on July 9, 2026: 259,516 restricted stock units (RSUs) and 100,000 derivative awards (reported as $0 consideration). These are derivative compensation awards (not open‑market purchases or sales) and do not represent immediately transferable shares. Total awards reported: 359,516 units; the filing shows $0 per unit (grant price/consideration).

Key Details

• Transaction date: July 9, 2026; Form 4 filed July 13, 2026 (filed within the typical 2-business-day window).
• Awards: 259,516 RSUs (F1); 100,000 derivative awards (reported as granted, $0).
• Vesting (footnotes): RSUs vest in three tranches — 129,758 on Jan 9, 2027; 64,879 on Jul 9, 2027; 64,879 on Jan 9, 2028 (F2). The 100,000 awards vest 100% on Jan 9, 2027 (F3).
• Shares owned after transaction: not specified in the provided filing summary.
• Nature of transaction code: A = Award/Grant (derivative); no 10b5‑1, tax withholding, or sale noted in the provided details.

Context RSUs and option-like awards are common executive compensation and are contingent on vesting and, in the case of RSUs, may convert to common shares or cash at the issuer’s election (per F1). Because these are grants (not purchases or sales), they do not by themselves signal an immediate personal cash investment or divestment by the insider. Retail investors should note vesting dates and any future exercises or sales for changes in insider shareholdings.