Morales Francisco 4

What Happened

• Francisco Morales, a director of Veritone, Inc. (VERI), was granted two awards totaling 240,000 restricted stock units (RSUs) on July 7, 2026. Each grant shows an acquisition price of $0.00, so the awards were compensation-based and not a cash purchase or sale.

Key Details

• Transaction date: July 7, 2026. Grant type: Award/Acquisition (code A). Report filed July 9, 2026 (appears timely).
• Grant amounts/prices: 120,000 RSUs @ $0.00 (F1); 120,000 RSUs @ $0.00 (F2). Total RSUs granted: 240,000.
• Vesting (per footnotes):
  • F1: 120,000 RSUs vest on the earlier of July 7, 2027 or the day before the 2027 annual meeting.
  • F2: 120,000 RSUs vest 50% on the earlier of July 7, 2027 (or day before 2027 annual meeting) and 50% on March 14, 2028.
  • Net result: up to 180,000 RSUs may vest by July 7, 2027 (or the day before the annual meeting), with the remaining 60,000 vesting March 14, 2028.
• Shares owned after transaction: not specified in the filing.
• No 10b5-1 plan, tax-withholding, sale, or late-filing flag indicated in the items provided.

Context

• RSUs are a form of compensation that convert to common shares upon vesting; these grants do not involve an immediate cash outlay by the insider and are not market purchases or sales. For retail investors, awards signal executive/board compensation alignment with the company but are not direct buy/sell signals.