4Accepted Sep 3, 6:44 PM ET
Solidion (STI) Director Mark N. Schwartz Receives Award of 4,296 RSUs
Accepted (ET)
6:44 PM
Sep 3, 2026
Filed
Sep 3, 2026
Documents
1
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5.8 KB
Summary
Solidion (STI) Director Mark N. Schwartz Receives Award of 4,296 RSUs
What Happened
Mark N. Schwartz, a director of Solidion Technology Inc. (STI), was granted 4,296 restricted stock units (RSUs) on September 1, 2026. The Form 4 reports this as an award (transaction code A) with an acquisition price of $0 (typical for RSU grants; realized value depends on share price at vesting). This is a grant/award—not a purchase or sale.
Key Details
- Transaction date: 2026-09-01; Form 4 filed 2026-09-03 (timely; Form 4 is generally due within two business days).
- Reported price: $0.00; total reported acquisition value: $0.
- Vesting schedule (per footnote): 1,432 RSUs vest 9/1/2027; 1,432 RSUs vest 9/1/2028; remaining RSUs vest 9/1/2029.
- Vesting conditions: vesting terminates upon termination of continuous service; if a Corporate Transaction occurs and the acquirer does not assume or substitute the RSUs, then unvested RSUs will fully vest if the holder remains in service through the transaction.
- Shares owned after transaction: not disclosed on this Form 4.
Context
RSUs represent a future right to receive shares if vesting conditions are met; they do not generate immediate proceeds and are commonly used for retention/compensation. Awards like this are informational about executive pay but are not direct indicators of buying or selling intent.