UPEXI CEO Marshall Allan Receives 2M Share Award

What Happened Marshall Allan, CEO of UPEXI, was granted 2,000,000 restricted shares (transaction code A: award/grant) on July 3, 2026. The grant was reported at $0.00 per share (total reported value $0) — this is a compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-03; Report filed: 2026-07-20 (appears to be filed after the usual 2-business-day window).
• Price: $0.00 per share; Total reported value: $0.
• Shares granted: 2,000,000 restricted shares.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: Grant made under the Issuer’s 2019 Incentive Stock Plan; vests in four equal installments on Oct 1, 2026, Jan 1, 2027, Apr 1, 2027 and Jul 1, 2027, subject to continued service.
• Transaction type: Award/Grant of restricted stock (not a sale, purchase, exercise, or gift).

Context Restricted stock grants are common executive compensation and generally vest over time and may be non-transferable until vested; they do not represent an immediate cash outlay by the insider. Because the filing date (July 20) is well after the reported transaction date (July 3), the Form 4 appears to have been filed late relative to the standard two-business-day requirement.