Berk James 4

What Happened

• Berk James, a director of PodcastOne, had 32,911 restricted stock units (RSUs) convert into 32,911 shares of PODC common stock on March 31, 2026. The conversion/settlement shows no cash proceeds to the reporting person (price reported as $0.00/N/A) — this was a settlement of previously granted director compensation, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-03-31.
• Transaction type/codes: Reported as an exercise/conversion of a derivative (code M) and a derivative disposition at $0.00 — consistent with RSU settlement.
• Shares involved: 32,911 RSUs converted to 32,911 shares.
• Price/proceeds: $0.00 / N/A (shares delivered as compensation).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 — RSUs convert one-for-one into common stock. F2 — These were vested RSUs previously granted as director fees for service from Oct 1, 2024 to Sept 30, 2025 and were settled by delivery of one share per vested RSU.
• Filing timeliness: Transaction reported on Form 4 filed 2026-04-08 for a 2026-03-31 transaction; this appears to be later than the typical 2 business‑day Form 4 reporting window.

Context

• This was a compensation settlement (RSUs paid as director fees), not a purchase or market sale. The zero-dollar disposition line reflects cancellation/conversion of the RSU instrument when shares were issued, not a cash sale.
• Such award settlements are common for director compensation and do not by themselves indicate the director is buying or selling stock based on private information.