PodcastOne (PODC) Director Berk James Receives RSU Award

What Happened
Berk James, a director of PodcastOne, was granted 32,911 restricted stock units (RSUs) on March 9, 2026. The award is recorded at $0.00 per unit (a compensation grant, not a purchase), and the RSUs vested on March 31, 2026. The economic value will depend on whether the RSUs are settled in shares or cash.

Key Details

• Transaction date and type: March 9, 2026 — Grant/Award (code A) of 32,911 RSUs.
• Price/consideration: $0.00 per RSU; no cash paid by the reporting person.
• Vesting: RSUs vested on March 31, 2026 (per footnote).
• Shares owned after transaction: not disclosed in the Form 4 filing.
• Footnote highlights (F1): RSUs were granted as director fees for service from Oct 1, 2024 to Sep 30, 2025; each RSU is a contingent right to one share or cash equivalent. The Board will decide the form of payout (stock and/or cash). The director may defer settlement until leaving the Board or up to five years from the vesting date.
• Filing timeliness: Form 4 was filed April 8, 2026, about 30 days after the March 9 grant — later than the typical 2-business-day filing deadline for Form 4s.

Context
RSUs granted as director fees are common compensation for board service and are a non‑transactional award (not an open‑market buy or sell). If settled in stock, the award will increase insider holdings; if settled in cash, it will not. The award’s ultimate dollar value and impact on ownership depend on the Board’s payout decision and timing (including the director’s option to defer settlement).