Arani Ramin 4
4 · PodcastOne, Inc. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
PodcastOne (PODC) Director Arani Ramin Receives 38,396 RSUs
What Happened
Arani Ramin, a director of PodcastOne, was granted 38,396 Restricted Stock Units (RSUs) on March 9, 2026. The award was reported as a derivative grant at $0.00 (i.e., no purchase price). Each RSU represents a contingent right to receive one share of common stock or the cash value thereof; the units are compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: March 9, 2026; Filing date: March 11, 2026 (appears timely).
- Grant: 38,396 RSUs; reported price: $0.00; transaction code: A (award).
- Vesting: RSUs shall vest March 31, 2026, subject to continued service through that date.
- Settlement: Board will determine payout form (stock and/or cash); Ramin may elect to defer settlement until earlier of leaving the board or up to five years from vesting.
- Shares owned after transaction: not specified in this Form 4.
- This is a compensation award (derivative grant), not a purchase or sale.
Context
RSU grants to directors are common as board compensation and do not by themselves indicate buying or selling sentiment. Because these RSUs can be settled in stock or cash and can be deferred, actual share issuance (and any subsequent sale) may occur at a later date if and when the units vest and are settled.
Insider Transaction Report
- Award
Restricted Stock Units
[F1]2026-03-09+38,396→ 38,396 total→ Common Stock, $0.00001 par value (38,396 underlying)
Footnotes (1)
- [F1]The Restricted Stock Units (the "RSUs") were granted to the Reporting Person as director fees for service on the Issuer's board of directors (the "Board") for the period from October 1, 2024 to September 30, 2025. The RSUs shall vest on March 31, 2026 (the "Vesting Date"), subject to the Reporting Person's continued service on the Board through the Vesting Date. Each RSU represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof. The Board, in its sole discretion, will determine in accordance with the terms and conditions of the Issuer's 2022 Equity Incentive Plan the form of payout of the RSUs (cash and/or stock). The Reporting Person shall have the option to defer the settlement of the RSUs until the earlier of such time as the Reporting Person is no longer serving on the Board or up to five years from the vesting date.