4Accepted Sep 18, 9:24 PM ET
Deep Isolation Nuclear (DBHL) Director Hunter Ralph L. JR Receives Award
Accepted (ET)
9:24 PM
Sep 18, 2026
Filed
Sep 18, 2026
Documents
1
Size
5.5 KB
Summary
Deep Isolation Nuclear (DBHL) Director Hunter Ralph L. JR Receives Award
What Happened
- Hunter Ralph L. JR, a director of Deep Isolation Nuclear, was granted 70,000 restricted stock units (RSUs) on 2026-09-16. The grant price is reported as $0.00 (no cash paid). The RSUs vested immediately upon issuance but do not convert into common shares until a triggering event occurs.
Key Details
- Transaction date: 2026-09-16; Form 4 filed 2026-09-18 (appears timely).
- Type: Award/Grant (code A) of 70,000 RSUs at $0.00.
- Conversion: Each RSU represents a contingent right to one share; conversion is deferred until (i) a change of control, (ii) the director’s separation of service, or (iii) the director’s death (per footnote).
- Shares owned after transaction: not specified in the filing.
- No 10b5‑1 plan, tax withholding, or other withholding reported in the filing.
Context
- RSUs are a form of equity compensation that can align insiders with shareholders, but because these RSUs are deferred and only convert on specified events, they do not represent immediately tradable shares. This grant increases the director’s potential future stake but does not reflect an immediate purchase or sale.