Krigsman Jay E. 4

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.