Smartbird: director Timothy O. Brown received 57,471 shares

What happened Timothy O. Brown, a director, was granted 57,471 restricted stock units (RSUs) on Sep 30, 2026, at a notional price of $2.61 per share, for a total reported value of $149,999. The filing reports the transaction code A (grant/award or other acquisition).

Key details

• Transaction date and price: Sep 30, 2026; 57,471 RSUs at $2.61 per share; total $149,999.
• Shares owned following the reported transaction: not reported in this filing.
• Relevant footnote: the RSUs vest in full on the 1st anniversary of the grant date, subject to Mr. Brown's continued service as a non-employee director; if service ends before the 1st anniversary for any reason other than removal for Cause, vesting is pro rata at 1/12th of the total RSUs for each full calendar month of service from Jun 2026 through the month service terminates (not to exceed 100% of the award).
• Filing timeliness: not indicated as late in the filing.

Why it may matter

• This was an award of RSUs, not a market purchase or sale; the RSUs vest over time and are subject to the stated service-based vesting conditions.
  This filing does not show why the insider traded or why the company acted.