Krigsman Jay E. 4
4 · LiveOne, Inc. · Filed Apr 8, 2026
Research Summary
AI-generated summary of this filing
LiveOne (LVO) Director Jay Krigsman Receives RSU Award
What Happened Jay E. Krigsman, a director of LiveOne, Inc. (LVO), was granted 28,946 restricted stock units (RSUs) on March 2, 2026. The award is recorded at $0.00 per unit (no cash paid at grant); each RSU represents a contingent right to one share of common stock or the cash value thereof. The RSUs vested on March 31, 2026 and are subject to settlement in stock and/or cash as determined by the Board. The Reporting Person may elect to defer settlement until leaving the Board or up to five years from the vesting date.
Key Details
- Transaction type: Award/Grant (Code A) of 28,946 RSUs on 2026-03-02; price reported $0.00 (derivative award).
- Vesting/settlement: RSUs vested on 2026-03-31; Board will determine payout form (cash and/or stock). Reporting person may defer settlement up to five years or until no longer serving on the Board (see footnote F1).
- Shares owned after transaction: Not specified in the filing.
- Filing timing: Form 4 filed 2026-04-08 for a 2026-03-02 grant — more than two business days after the transaction, which indicates a late filing relative to the usual Form 4 deadline.
Context This was a compensation award to a director (routine board fees converted to RSUs), not an open-market purchase or sale. RSU grants are a derivative compensation instrument: they convey a contingent right to future stock/cash rather than an immediate share purchase. Such grants are common for non-employee directors and do not, by themselves, indicate a buy/sell signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1]2026-03-02+28,946→ 28,946 total→ Common Stock, $0.001 par value (28,946 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 2016 Equity Incentive Plan, as amended, 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.