Elmore Robert Ryan 4
Research Summary
AI-generated summary
Sintx Technologies (SINT) President Elmore Robert Ryan Receives RSU Award
What Happened
- Elmore Robert Ryan, President of Sintx Technologies, was granted 107,143 restricted stock units (RSUs) on 2026-03-16. The filing reports the RSUs at a $0.00 acquisition price (this is a grant of derivative awards, not a cash purchase or open-market sale).
- These RSUs represent contingent rights to receive one share per RSU upon vesting. Because this is an award rather than a purchase or sale, it does not reflect an immediate cash transaction.
Key Details
- Transaction date and price: 2026-03-16; 107,143 RSUs at $0.00 (derivative award).
- Vesting: 20% vested immediately; the remaining 80% vests at 20% every six months thereafter (per filing footnotes).
- Plan/authorization: Granted under the Issuer's 2025 Equity Incentive Plan.
- Shares owned after transaction: Not specified in the provided filing.
- Filing timeliness: Report filed 2026-03-18 for a 2026-03-16 grant — no late filing flag indicated.
Context
- RSUs are derivative awards that convert to shares only upon vesting; they differ from open-market purchases (which can signal immediate insider buying) and from immediate sales. Grants like this are a common form of executive compensation to align management with shareholders over time.
- Because part of the grant vests immediately and the rest vests over scheduled periods, the award creates future share issuance contingent on continued service/vesting rather than an immediate transfer of tradable shares.