Park Jeffrey G 4/A
Research Summary
AI-generated summary
P3 Health Partners (PIII) Director Jeffrey Park Receives RSU Award
What Happened
Jeffrey G. Park, a director of P3 Health Partners Inc. (PIII), was granted 2,000 restricted stock units (RSUs) on August 6, 2025. The award is reported at $0.00 per unit (typical for RSU grants) and represents a right to receive one share of Class A common stock per RSU upon vesting. Vesting occurs upon the earlier of the Company's 2026 annual stockholder meeting and the one‑year anniversary of the grant date.
Key Details
- Transaction type: Award/Grant (Code A) — 2,000 RSUs granted on 2025-08-06 at $0.00.
- Filing: Amended Form 4 filed 2026-01-23 (accession 0001406618-26-000003) to correct prior reporting.
- Vesting: RSUs vest upon the earlier of the 2026 annual meeting and one year after the grant.
- RSU mechanics: Each RSU converts to one share of Class A common stock when vested.
- Amendment reason: The Form 4 amendment corrects Column 5 to reflect the number of securities after the Company's 1-for-50 reverse stock split effective April 11, 2025.
- Shares owned after transaction: Not specified in the transaction excerpt provided; the amendment addresses prior beneficial ownership reporting.
Context
RSU grants are a common form of equity compensation and do not reflect an immediate purchase or sale of stock. They create potential future ownership contingent on vesting; there is no immediate cash exchanged in this grant. The amended filing corrects reporting related to a prior reverse split rather than changing the substance of the original RSU grant.