Wachsberger Patrick D 4

What Happened

• Patrick D. Wachsberger, a director of PodcastOne, had 34,740 restricted stock units (RSUs) vest and be converted into 34,740 shares of PodcastOne common stock on March 31, 2026. The Form 4 shows the RSUs were settled one-for-one into shares and no cash was paid on the conversion (reported $0.00).

Key Details

• Transaction date: 2026-03-31 (settlement of vested RSUs).
• Report filed: 2026-04-07 (appears to be more than two business days after the transaction and thus late relative to typical Form 4 timing).
• Shares involved: 34,740 shares converted/issued.
• Price / cash: $0.00 reported for the settlement (this reflects an award/settlement, not an open-market purchase).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — RSUs convert to common stock on a one-for-one basis. F2 — these RSUs were director fees for service covering Oct 1, 2024 – Sep 30, 2025 and were vested and settled on the reported date.

Context

• This was a settlement of previously granted director-compensation RSUs (an award being converted to shares), not a purchase or sale in the open market. Such transactions are routine for equity compensation and do not by themselves indicate buying or selling sentiment. The filing date suggests the Form 4 was submitted after the usual two-business-day window for reporting, which investors may note for timeliness.