HIRJI ASIFF S 4
Research Summary
AI-generated summary
Forge Global (FRGE) Director Asiff Hirji Receives 1,133-Share RSU Award
What Happened
- Asiff S. Hirji, a director of Forge Global Holdings, Inc. (FRGE), was granted 1,133 restricted stock units (RSUs) on January 28, 2026. The filing reports an acquisition at $0.00 per unit (award), so the reported cash amount is $0. These RSUs are 100% vested as of the grant date and will settle on the nearest monthly settlement date following the grant.
Key Details
- Transaction date: 2026-01-28 (Form 4 filed 2026-01-30; timely filing)
- Transaction type/code: Award/Grant (A)
- Shares/units granted: 1,133 RSUs @ $0.00 (reported consideration $0)
- Shares owned after transaction: Not specified in the filing
- Footnote: F1 — Each RSU represents the right to receive one share of common stock; 100% vested and will settle on the next monthly settlement date after the grant
- Filing timeliness: Filed within normal Form 4 window (not marked late)
Context
- RSUs are a compensation award, not an open-market purchase or sale. The recipient receives shares (or their cash equivalent) when the RSUs settle; the filing does not indicate any immediate sale of underlying shares.
- Awards like this are routine for directors/executives and do not, by themselves, indicate a buy or sell signal. The economic value will depend on Forge Global’s share price when the RSUs actually settle.