SOISTMAN FRANCIS S JR 4
Research Summary
AI-generated summary
eHealth (EHTH) Director Francis Soistman Jr. Receives 250,000 PSUs
What Happened
- Francis S. Soistman Jr., a director of eHealth, Inc. (EHTH), was granted 250,000 performance-based restricted stock units (PSUs) on March 18, 2026. The reported acquisition price is $0.00 (award), so no cash was paid. Each PSU represents a contingent right to receive one share of common stock upon vesting; the PSUs are scheduled to vest on December 31, 2026, subject to continued service and prior certification of performance achievement.
Key Details
- Transaction date: March 18, 2026; Form 4 filed March 20, 2026 (within the typical 2-business-day reporting window).
- Amount: 250,000 PSUs; reported acquisition price $0.00 (award); immediate cash value reported as $0.
- Vesting: Scheduled to vest December 31, 2026, subject to continued service and performance certification tied to awards originally granted April 5, 2024 (per footnote).
- Shares owned after transaction: Not specified in the filing.
- Transaction type: Award/grant (code A); not an open-market purchase or sale.
Context
- These PSUs are performance-contingent — they convert to actual shares only if the performance criteria (already certified for these awards) and service requirements are met by the vesting date. This is a compensation award rather than an outright purchase or sale, so it does not represent immediate buying or selling pressure in the market.