Aterian (ATER) Director William Kurtz Receives Restricted Stock Award

What Happened

• William Kurtz, a director of Aterian, was awarded 150,602 shares of restricted common stock on 2026-09-25. The reported acquisition price is $0.00 (grant), so no cash was paid. The award was granted pursuant to the Issuer's 2018 Equity Incentive Plan and is subject to vesting.

Key Details

• Transaction date: 2026-09-25; Filing date: 2026-09-29 (filed within standard Form 4 timing).
• Transaction type/code: Award/Grant (A).
• Shares granted: 150,602; Price per share shown: $0.00; reported aggregate cash value: $0.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Comprised of restricted common stock granted under the 2018 Equity Incentive Plan and subject to vesting (Footnote F1).
• No indication of a 10b5-1 plan, tax-withholding sale, or immediate disposition in the filing.

Context

• This was a standard equity compensation grant to a director, not a market purchase or sale. Restricted shares typically vest over time or upon meeting service/performance conditions and are not equivalent to an immediate cash realization or a buying/selling signal by the insider. Such grants are common as director compensation and increase outstanding shares when vested.