Zwick Jordan Michael 4

What Happened
Zwick Jordan Michael, a director of Palisade Bio, was awarded 336,904 restricted stock units (RSUs) on June 10, 2026. The RSUs were reported as an award (Form 4 code A); no purchase price is listed because RSUs are a grant of contingent rights to receive shares upon vesting, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-06-10; Form 4 filed 2026-06-12 (filed within the normal two-business-day reporting window).
• Award size: 336,904 RSUs. Price: N/A (RSU grant).
• Vesting: RSUs vest in three equal annual installments; the first installment vests on the one‑year anniversary of the grant (i.e., ~June 10, 2027), subject to the reporting person’s continuous service.
• Shares owned after transaction: not disclosed in the filing.
• Footnote: each RSU represents a contingent right to one share of common stock upon vesting.

Context
RSU awards are compensation, common for directors and executives; they do not create immediate voting power or saleable shares until vested and delivered. This award should be viewed as a grant of future equity rather than an active buy or sell signal.