SUCKLING ANDREW P 4
Research Summary
AI-generated summary
Forum Markets (FRMM) Director Andrew P. Suckling Receives RSU Award
What Happened
Andrew P. Suckling, a director of Forum Markets Inc. (FRMM), received a grant of 241,918 restricted stock units (RSUs) on April 2, 2026. The reported acquisition price is $0.00 per share (an equity award/compensation grant), so no cash was exchanged in this transaction.
Key Details
- Date of transaction: April 2, 2026; Form 4 filed April 3, 2026. Transaction code: A (award/grant).
- Shares/units granted: 241,918 RSUs; reported price: $0.00 per share.
- Shares owned after transaction: Not specified in the filing.
- Footnote (vesting): The RSUs consist of (i) 41,918 shares that vest in full on the Company’s 2026 Annual Meeting of Stockholders (subject to continued service), and (ii) 200,000 shares of RSUs, with half vesting at the 2026 Annual Meeting and the other half vesting on the first anniversary of the grant date (subject to continued service).
- Filing timeliness: Report appears timely (filed the day after the transaction).
Context
RSU grants are compensation-linked awards that convert to shares only upon vesting and typically reflect pay/retention arrangements rather than immediate buying or selling by the insider. These RSUs do not represent an immediate cash outlay or sale and are subject to service-based vesting conditions described above.