Blackwood Carolyn 4
4 · PodcastOne, Inc. · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
PodcastOne Director Carolyn Blackwood Receives RSU Award
What Happened
Carolyn Blackwood, a director of PodcastOne, received an award of 32,911 restricted stock units (RSUs) on March 9, 2026 as compensation for board service. The RSUs were reported at $0.00 (derivative award); each RSU represents a contingent right to one share of common stock or the cash value thereof. The RSUs vested on March 31, 2026 per the filing, and the board will determine whether settlement is in cash, stock, or a combination.
Key Details
- Transaction date: March 9, 2026 (grant/award, code A); filing date: April 6, 2026 (appears to be a late filing).
- Award amount: 32,911 RSUs; reported price $0.00 (not a cash purchase).
- Vesting: RSUs vested on March 31, 2026 (per footnote).
- Shares owned after transaction: not specified in the provided excerpt.
- Footnote highlights: RSUs were granted as director fees for the period Oct 1, 2024–Sep 30, 2025; each RSU converts to one share or cash; Blackwood may defer settlement until leaving the board or up to five years from vesting.
- Transaction type: derivative award (not a buy or sale).
Context
RSU awards are compensation, not open-market purchases or sales, so they don't directly signal buying or selling intent. Because settlement can be deferred and may be paid in cash or stock, the ultimate dilution or share issuance and dollar value are undetermined until the board declares the payout and settlement occurs. The filing was submitted about 28 days after the reported grant date, which reduces timeliness and transparency for investors.
Insider Transaction Report
- Award
Restricted Stock Units
[F1]2026-03-09+32,911→ 32,911 total→ Common Stock, $0.00001 par value (32,911 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 vested on March 31, 2026. 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.