Madon Michael P 4
Research Summary
AI-generated summary
Cyabra Director Michael P. Madon Receives 100,000 RSU Award
What Happened
- Michael P. Madon, a director of Cyabra, Inc. (CYAB), was granted 100,000 restricted stock units (RSUs) on May 14, 2026. The grant is reported as an award (code A) at $0.00 per unit; each RSU represents the right to receive one share of common stock upon vesting.
Key Details
- Transaction date: May 14, 2026; Form 4 filed May 18, 2026 (appears timely within the 2 business-day filing requirement).
- Grant: 100,000 RSUs; reported acquisition price $0.00; total reported immediate value $0 (standard for RSU grants).
- Vesting: RSUs vest over three years, through April 1, 2029, per the Cyabra, Inc. 2026 Omnibus Equity Incentive Plan.
- Shares owned after transaction: Not specified in this Form 4 filing.
- Footnote: Each RSU converts to one share of common stock (par value $0.0001) when settled.
Context
- RSUs are awards that convert into actual shares only when they vest/settle, so this grant does not represent immediate share purchases or sales. Such awards are commonly used for executive/director compensation and do not by themselves indicate a near-term buying or selling intent.