UPEXI Director Gene Salkind Receives 100,000 Share Award

What Happened

• Gene Salkind, a director of UPEXI, Inc. (UPXI), was granted 100,000 restricted shares on July 3, 2026. The shares were reported at $0.00 per share (no cash paid) in the Form 4 filing. The award is restricted stock issued under the company’s 2019 Incentive Stock Plan.

Key Details

• Transaction date and price: July 3, 2026 — 100,000 shares granted at $0.00 per share.
• Shares owned after transaction: Not specified in the filing.
• Vesting: The restricted stock vests in four equal quarterly installments, with full vesting on July 1, 2027, subject to continued service (footnote F1).
• Other disclosures: No 10b5-1 plan, tax-withholding sale, or other special conditions reported.
• Filing timeliness: Form filed July 20, 2026. Form 4s are generally due within 2 business days of the transaction, so this filing appears to have been submitted after the typical reporting window.

Context

• Restricted stock grants are a common form of executive/director compensation and vest over time; they do not represent an out-of-pocket purchase by the insider nor an immediate sale. Such grants provide long-term alignment with shareholders but should be viewed as compensation rather than a direct bullish purchase signal.