Krigsman Jay E. 4
Research Summary
AI-generated summary
PodcastOne (PODC) Director Jay Krigsman Receives RSU Award
What Happened
- Jay E. Krigsman, a director of PodcastOne, reported a grant/acquisition of 42,053 restricted stock units (RSUs) on 2026-03-09. The award was recorded at $0.00 (compensation), not a market purchase or sale.
- The RSUs were granted as director fees for service from Oct 1, 2024 to Sep 30, 2025 and (per the filing) vested on March 31, 2026. Each RSU represents a contingent right to one share of common stock or the cash value thereof.
Key Details
- Transaction date: 2026-03-09; acquisition type: Award/Grant (code A); price reported: $0.00 (derivative).
- Amount: 42,053 RSUs.
- Shares owned after transaction: not specified in the filing.
- Footnote: RSUs may be paid in stock and/or cash at the Board’s discretion; the recipient may defer settlement until leaving the board or up to five years from vesting.
- Filing timeliness: Form 4 was filed on 2026-04-09 (about one month after the reported transaction), so this filing appears late.
Context
- RSUs are a form of compensation (contingent rights to receive shares or cash) rather than an open-market buy or sale, so they are routine director pay and do not alone indicate buy/sell sentiment. Settlement timing and form (cash vs. shares) are subject to the company’s plan and the Board’s decision.