4Filed Jul 15, 8:00 PM ET
Urban One (UONEK) Director Brian McNeill Receives Restricted Stock Award
$UONEK · URBAN ONE, INC.Research Summary
AI-generated summary of this SEC filing
Urban One (UONEK) Director Brian McNeill Receives Restricted Stock Award
What Happened
- Brian W. McNeill, a director of Urban One, Inc. (UONEK), was granted 17,442 restricted shares on July 15, 2026. The Form 4 reports the acquisition as an award (code A) with a reported per-share acquisition price of $0.00 (typical for restricted stock awards). The award was determined to be $75,000 in value based on the Class D closing price of $4.30 on July 15, 2026.
Key Details
- Transaction date: 2026-07-15 (filed 2026-07-16 — timely filing).
- Grant: 17,442 restricted shares; economic value stated as $75,000 (75,000 / $4.30 = 17,442 shares).
- Vesting: Two equal annual installments beginning July 15, 2027 (8,721 shares vest each year).
- Reporting code: A = Award/Grant; footnote cites Rule 16b-3 (typical insider award exemption).
- Shares owned after transaction: Not specified in the provided filing details.
- No sale or cash purchase occurred — this is a compensation grant, not an open-market trade.
Context
- This is a director compensation award (restricted stock) and is common as non-cash pay for board service. Such grants are routine and do not by themselves indicate a buy or sell signal. The award vests over two years, meaning the director cannot immediately liquidate the full grant.