SOUTHWELL GARY 4

What Happened Gary Southwell, President of ARIA Cybersecurity and an insider at CSP Inc. (CSPI), was granted 15,000 shares on 2026-03-27. The Form 4 lists the transaction as an award/grant (code A) with an acquisition price of $0.00, indicating a stock award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-27; Form 4 filed: 2026-04-01 (appears late vs. the 2-business-day Form 4 rule).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 15,000; reported price per share: $0.00 (total cash paid = $0.00 on Form 4).
• Shares owned after transaction: not specified in the filing.
• No additional footnotes disclosed on the Form 4 about vesting, tax withholding, or a 10b5-1 plan.

Context An award/grant is typically a compensation or retention tool and does not reflect an open-market purchase or sale. Such grants can be subject to vesting or transfer restrictions (not detailed here), so they do not necessarily signal immediate insider buying. The filing date being after the usual 2-business-day window is noted; late filings can delay public visibility into insider activity.