Braverman Alan M 4

What Happened

• Alan M. Braverman, a director of VIDA Global Inc. (VIDA), made two reported acquisitions. On 2026-05-15 he purchased 63,000 shares in an open-market transaction at $3.95 per share for a total of $249,083. On 2026-01-01 he received a grant of 191,724 restricted stock awards reported at $0 (no cash cost shown).
• The open-market purchase is a direct buy of common stock; the restricted stock award vests over time (see details below). Combined, these transactions represent 254,724 shares acquired in the reporting period.

Key Details

• Transaction dates and prices:
  • 2026-05-15 — Open-market purchase (P): 63,000 shares @ $3.95, $249,083 total.
  • 2026-01-01 — Grant/award (A): 191,724 restricted shares @ $0.
• Shares owned after transaction: The filing excerpt provided does not state the insider’s total shares held after these acquisitions; the two transactions total 254,724 newly acquired shares.
• Footnote: The 191,724 shares are restricted stock awards under the issuer’s 2022 Equity Incentive Plan (Grant Date 2026-01-01) that vest in 12 equal quarterly installments over three years, subject to continued service. These shares were previously reported on Form 3 and were issued in an exempt transaction before the issuer’s registration under Section 12 (reported under Rule 16a-2(a)).
• Filing timeliness: Filing date 2026-05-18; the provided excerpt does not indicate a late filing status.

Context

• Restricted stock awards are not fully vested immediately; the 191,724 shares will vest quarterly over three years and thus are subject to forfeiture if the director leaves before vesting.
• Open-market purchases (like the 63,000-share buy) are direct acquisitions of stock and are often watched by investors as a more immediate signal of insider buying, though filings do not state the insider’s motivations.