Bode John B 4
Research Summary
AI-generated summary
Newton Golf (NWTG) Director John B. Bode Receives Award
What Happened
John B. Bode, a director of Newton Golf Company, Inc. (NWTG), was granted 18,549 restricted stock units (RSUs) on January 30, 2026. The Form 4 reports the acquisition code A (award/grant) at a reported price of $0.00, so no cash was paid by the insider at grant.
Key Details
- Transaction date: 2026-01-30 (reported on Form 4 filed 2026-02-03).
- Transaction type/code: Award/Grant (A) of 18,549 RSUs at $0.00 reported value.
- Total reported value at grant: $0 (per filing — reflects no purchase price, not market value).
- Vesting: Footnote states the RSUs will vest in full on the one-year anniversary of the grant date (2027-01-30).
- Shares owned after transaction: Not specified in the filing.
- Timeliness: Form 4 filed 2026-02-03 — within the standard reporting window (filed after grant date but on the required deadline).
Context
These RSUs are a compensation award and do not represent an open-market purchase or sale. Because they vest after one year, they are typically retention/compensation-related rather than an immediate signal of buying or selling activity. The reported $0 acquisition price reflects the nature of the grant, not the shares' market value.