Arani Ramin 4

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.