Inuvo (INUV) Director Sanja Partalo Receives 30,702 RSUs
$INUV · Inuvo, Inc.Research Summary
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Inuvo (INUV) Director Sanja Partalo Receives 30,702 RSUs
What Happened
Sanja Partalo, a director of Inuvo, Inc. (INUV), was granted 30,702 restricted stock units (RSUs) on July 1, 2026. The Form 4 reports the award as a derivative acquisition at $0.00 per unit (typical for RSU grants); each RSU represents the contingent right to receive one share of common stock (footnote F1). This filing is an amendment correcting the RSU exercisable date from 7/1/27 to 1/1/27.
Key Details
- Transaction date: 2026-07-01 — Grant/Award (code A).
- Amount: 30,702 RSUs @ $0.00 (derivative award).
- Footnote: F1 — each RSU converts to one share of common stock when settled.
- Amendment: Filed 2026-08-19 to correct exercisable/vesting date to 1/1/2027 (was previously reported as 7/1/2027).
- Shares owned after transaction: Not specified in the provided filing.
- Timeliness: The Form 4 was filed on 2026-08-19, which is later than the typical two-business-day reporting window; this submission is an amended filing correcting the earlier report.
Context
RSU grants are standard compensation/retention awards and are not immediate open-market purchases or sales; they become equity only if and when the RSUs vest/settle. This is a derivative grant (contingent right to stock) rather than an immediate transfer of shares. The amendment simply corrects the date at which those RSUs become exercisable/vest (now 1/1/2027).