Rudick Brian Benjamin 4
Research Summary
AI-generated summary
UPEXI CSO Rudick Brian Benjamin Receives 400,000-Share Award
What Happened
- Rudick Brian Benjamin, Chief Strategy Officer of UPEXI, was granted 400,000 restricted shares on July 3, 2026. The reported acquisition price was $0.00, so the immediate reported cash value is $0. These are awards (grant of restricted stock), not open-market purchases or sales.
Key Details
- Transaction date: 2026-07-03 (Form 4 filed: 2026-07-20 — filing appears late vs. the usual 2-business-day deadline).
- Transaction type/code: A — Award/Grant.
- Shares granted: 400,000; reported acquisition price: $0.00; total reported cash value: $0.
- Vesting/footnote: Shares are restricted stock under the Issuer's 2019 Incentive Stock Plan, vesting in four equal installments on 10/01/2026, 01/01/2027, 04/01/2027 and 07/01/2027, subject to continued service.
- Shares owned after transaction: not specified in the information provided on the Form 4 summary.
Context
- This was a time-based restricted stock grant (not an immediate purchase or sale). Vesting conditions mean the shares may be forfeited if service ends before vesting dates; such awards are common for executive compensation and retention. The late filing may be a procedural compliance issue but does not by itself indicate trading intent.