Parmer George 4
Research Summary
AI-generated summary
Amesite (AMST) Director Parmer George Receives RSU Award
What Happened
- Parmer George, a director of Amesite Inc. (AMST), was awarded 9,023 restricted stock units (reported as a derivative grant) on June 30, 2026. The reported grant shows $0 cash paid at time of award (transaction code A — award/grant). These are RSUs/deferred stock units that represent a contingent right to one share of AMST common stock and/or the cash equivalent.
Key Details
- Transaction date and type: 2026-06-30 — Award/Grant (A).
- Reported price: $0.00 (no cash exchanged at grant).
- Amount: 9,023 restricted stock units (derivative securities).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Form 4 filed 2026-07-01 (appears timely under Section 16 reporting requirements).
- Notable footnotes: (1) Each RSU equals a contingent right to one share and/or cash. (2) These were issued as deferred stock units in lieu of cash director fees; the number was calculated using the closing share price on the last day of the quarter and will be delivered upon completion of board service or earlier upon a change in control.
Context
- This is a compensatory award (deferred director pay), a routine issuance for service rather than an open-market purchase or sale. Such grants are common for non-employee directors and do not by themselves indicate insider buying or selling sentiment.