Blackwood Carolyn 4
4 · PodcastOne, Inc. · Filed Apr 7, 2026
Research Summary
AI-generated summary of this filing
PodcastOne (PODC) Director Carolyn Blackwood Receives 32,911 Shares
What Happened
Carolyn Blackwood, a director of PodcastOne, received 32,911 shares on March 31, 2026 when vested Restricted Stock Units (RSUs) converted into common stock. The transaction reflects settlement of previously granted RSUs as director fees; no cash was paid by the reporting person. The Form 4 shows an "acquired" line for 32,911 shares and a corresponding "disposed" line at $0, which together document the conversion/settlement of the derivative award.
Key Details
- Transaction date: 2026-03-31 (Filed: 2026-04-07) — filing appears later than the standard 2-business-day Form 4 deadline.
- Transaction type/code: M (exercise/conversion of derivative) — RSU conversion to common stock.
- Shares involved: 32,911 shares; reported price: N/A / $0 (no cash exchanged).
- Shares owned after transaction: Not specified in this Form 4.
- Footnotes: F1 — RSUs convert one-for-one into common stock. F2 — These were vested RSUs settled as director fees for service from Oct 1, 2024 to Sep 30, 2025.
- No sale reported — shares were delivered as compensation, not sold on the market.
Context
This was a routine settlement of vested RSUs issued as director compensation, not a market purchase or sale. For retail investors, such awards generally reflect board compensation and do not by themselves signal a buying or selling opinion by the insider. The filing’s late date is informational — late filings can occur for administrative reasons but are worth noting for record-keeping.
Insider Transaction Report
- Exercise/Conversion
Common Stock, $0.00001 par value
[F1]2026-03-31+32,911→ 55,493 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-03-31−32,911→ 0 total→ Common Stock, $0.00001 par value (32,911 underlying)
Footnotes (2)
- [F1]Restricted Stock Units convert into the Issuer's common stock on a one-for-one basis.
- [F2]Represents vested Restricted Stock Units (the "RSUs") that were settled on the reported date, which RSUs were previously granted to the Reporting Person as director fees for service on the Issuer's board of directors for the period from October 1, 2024 to September 30, 2025. Each vested RSU was settled by the Issuer by delivery to the Reporting Person of one share of Issuer's common stock.