Inuvo (INUV) Director Jonathan Bond Receives 30,702 RSUs
$INUV · Inuvo, Inc.Research Summary
AI-generated summary of this SEC filing
Inuvo (INUV) Director Jonathan Bond Receives 30,702 RSUs
What Happened
Jonathan Bond, a director of Inuvo, Inc. (INUV), was granted 30,702 restricted stock units (RSUs) on July 1, 2026. The Form 4 reports an acquisition at $0.00 per unit (derivative award), so the reported grant has no immediate cash price or value shown on the filing. This is a compensatory award (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-07-01 (reported on an amended Form 4 filed 2026-08-19, Accession 0001225208-26-007202).
- Transaction type/code: A = Award/Grant (derivative instrument — RSUs).
- Quantity and price: 30,702 RSUs acquired at $0.00 (reported value $0 on grant).
- Footnote: F1 — "Each restricted stock unit represents a contingent right to receive one share of Issuer's Common Stock."
- Vest/exercisable date corrected: amended filing changes exercisable/vest date from 7/1/2027 to 1/1/2027.
- Shares owned after transaction: Not specified in the provided data.
- Timeliness: The grant occurred 7/1/2026 and the amended Form 4 was filed 8/19/2026 (over a month later); the filing was amended to correct the vesting/exercisable date.
Context
Restricted stock units are a form of equity compensation giving the holder a contingent right to receive shares in the future (per F1). The grant itself is a non-cash compensation event — its future value depends on INUV’s stock price when/if the RSUs convert to shares. The amended filing only fixes the exercisable/vesting date (now 1/1/2027); it does not indicate an open-market purchase or sale by the director.