Trask Kevin 4
Research Summary
AI-generated summary
Sintx Technologies (SINT) CFO Kevin Trask Receives 60,000 RSU Award
What Happened
Kevin Trask, CFO of Sintx Technologies (SINT), was granted 60,000 restricted stock units (RSUs) on 2026-02-06. The award is reported as a derivative acquisition (code A) at $0.00 per unit — an equity award, not an open-market purchase. Each RSU represents the contingent right to receive one share of common stock upon vesting.
Key Details
- Transaction date: 2026-02-06 (Form 4 filed 2026-02-10; filing is within the two-business-day window).
- Grant size and price: 60,000 RSUs granted, reported at $0.00 (no cash paid).
- Vesting: 20% (12,000 RSUs) vested immediately; remaining 80% vests in four equal 20% installments (12,000 RSUs) every six months thereafter.
- Plan: Granted under the Issuer’s 2025 Equity Incentive Plan.
- Shares owned after transaction: Not specified in the provided filing.
- Transaction code: A (award/grant; derivative). No indication of a 10b5-1 plan, sale, or tax-withholding event in the provided details.
Context
RSU grants are compensation awards that convert to actual shares only as they vest; they’re common for executive pay and retention. This grant does not represent an open-market purchase or sale and should be viewed as a compensation/retention action rather than a direct trading signal.