Boyle Howarth Perry Jr. 4
Research Summary
AI-generated summary
Dragonfly Energy (DFLI) Director Boyle Perry Receives RSU Award
What Happened
- Director Boyle Howarth Perry Jr. was granted 4,204 restricted stock units (RSUs) on March 15, 2026. The award was recorded at $0.00 (no cash paid at grant). The RSUs will be settled in shares of common stock and vest in three equal annual installments beginning April 1, 2026, subject to continued service.
Key Details
- Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (within the usual 2-business-day reporting window).
- Grant terms: 4,204 RSUs, $0.00 acquisition price; vesting in three equal annual installments starting April 1, 2026, contingent on continuous service.
- Prior award note: Filing also references a one-for-10 reverse stock split effective Dec 18, 2025 and discloses 1,646 unvested RSUs remaining from an April 12, 2024 grant that vest April 12, 2026 and April 12, 2027.
- Shares owned after transaction: Not specified in the supplied filing details.
- No indication of tax withholding, cashless exercise, 10b5-1 plan, or gift — this is an equity compensation grant (transaction code A = Award).
Context
- RSUs are a form of compensation that convert to shares only when they vest; they are not an immediate market purchase or sale. Such grants are commonly used for director compensation and do not, by themselves, signal buying or selling activity.