Baker Bridget 4

What Happened Bridget Baker, a director of LiveOne, Inc. (LVO), received a grant of 21,153 Restricted Stock Units (RSUs) on March 2, 2026 as payment for board service. The RSUs were granted with no cash consideration ($0.00 reported) and represent contingent rights to receive one share of common stock or the cash value thereof upon vesting.

Key Details

• Transaction date: March 2, 2026; Form 4 filed March 23, 2026 (filed 21 days after the transaction).
• Grant: 21,153 RSUs; reported acquisition price $0.00 (derivative award).
• Vesting: RSUs shall vest on March 31, 2026, subject to continued service on the board through that date.
• Settlement: Each RSU = contingent right to one share or cash; the Board will determine payout form (cash and/or stock).
• Deferral option: Reporting person may defer settlement until leaving the Board or up to five years from vesting.
• Shares owned after transaction: not specified in the filing.

Context This was a compensatory director award (an RSU grant), not an open-market purchase or sale—common practice to pay board fees. RSUs only convert to shares or cash on vesting and do not represent immediate ownership of stock. Note the Form 4 was filed on March 23, 2026 (after the March 2 grant), which is later than the typical two-business-day reporting window.