4Filed Jul 27, 8:00 PM ET
Brera (SLMT) Director Simha Erez Receives Award of 42,212 RSUs
$SLMT · Brera Holdings PLCResearch Summary
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Brera (SLMT) Director Simha Erez Receives Award of 42,212 RSUs
What Happened
Simha Erez, a director of Brera Holdings PLC (SLMT), received a grant of 42,212 restricted stock units (RSUs) on July 26, 2026. The Form 4 reports the acquisition at $0.00 (a standard notation for a grant), meaning no cash was paid by the insider. Each RSU represents a contingent right to receive one Class B ordinary share upon vesting.
Key Details
- Transaction type/date: Award/Grant on 2026-07-26; Form 4 filed 2026-07-28 (timely filing).
- Amount: 42,212 RSUs granted; reported price $0.00 (grant).
- Shares owned after transaction: Not specified in the filing.
- Vesting: RSUs vest in substantially equal quarterly installments over two years beginning July 9, 2026; first vesting on July 30, 2026. Vesting is subject to continued service, Plan terms, and ownership/tax limits in Mr. Simha’s amended offer letter dated July 26, 2026.
- Acceleration: Any unvested RSUs accelerate and vest in full upon a Change in Control as defined in the Plan.
- Footnote: Award granted under the Company’s 2022 Equity Incentive Plan (see filing footnote).
Context
RSU grants are a form of compensation and do not involve an open-market purchase or sale; they are contingent on future vesting conditions and therefore aren’t a direct buy/sell signal. The reported $0.00 price simply reflects an issued award rather than a cash transaction.