4Filed Aug 9, 8:00 PM ET
Ticketplus (TP) Director Richard Ingrassia Receives 11,111-Share Award
$TP · Ticketplus Ltd.Research Summary
AI-generated summary of this SEC filing
Ticketplus (TP) Director Richard Ingrassia Receives 11,111-Share Award
What Happened
- Richard Alan Ingrassia, a director of Ticketplus Ltd. (TP), received an award of 11,111 shares on 2026-08-10. The Form 4 reports the transaction as an award/acquisition (code A) at $0.00 per share (total reported value $0).
- The filing indicates these are restricted share units (RSUs) that will be settled in ordinary shares upon vesting (see footnote F1). This is a compensation grant, not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-08-10; 11,111 shares at $0.00 (award).
- Transaction type: A = Award/Grant (restricted share units).
- Shares owned after transaction: not specified in the filing.
- Footnote: F1 — shares represent RSUs that will convert to ordinary shares upon vesting.
- Timeliness: filed on 2026-08-10 for the same report period; no late filing indicated.
- No 10b5-1 plan, tax withholding, or immediate sale noted in the filing.
Context
- RSU grants are a form of compensation; they do not result in immediate saleable shares until vesting and settlement occur. Such awards are common for directors and executives and reflect compensation rather than a direct buy/sell signal.
- Because the grant is reported at $0 at issuance, market value will depend on Ticketplus’s share price when the RSUs vest and are settled.