Teamshares Inc: director Hendrix Richard J received 14,000 shares

What happened Hendrix Richard J, director, received an award of 14,000 restricted stock units (RSUs) on Sep 29, 2026. Acquisition price $0.00 per share; total value $0.00.

Key details

• Transaction date and type: Sep 29, 2026; code A (award); $0.00 per share; total $0.00.
• Shares owned after the transaction: not specified in the Form 4.
• Relevant footnotes:
  • F1: RSUs vest in full upon the earlier of the 1-year anniversary of the grant date and the issuer's 2027 annual meeting.
  • F2: The reported securities are held of record by Live Oak Sponsor V, LLC. Hendrix is the managing member of the Sponsor and has voting and investment discretion; he disclaims beneficial ownership except to the extent of his pecuniary interest.
  • F3: 1,150,000 shares are subject to forfeiture if certain stock price thresholds are not achieved, and 524,781 shares are subject to forfeiture under the Sponsor Letter Agreement dated Nov 14, 2025.
• Form 4 filed on Oct 8, 2026; period of report Sep 29, 2026.

Why it may matter This was an award of RSUs (not a market purchase or sale); the RSUs vest per the vesting schedule in footnote F1. This filing does not show why the insider traded or why the company acted.