CISO Global, Inc.·4/A

Jul 7, 4:05 PM ET

Jemmett David Grant 4/A

Research Summary

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Updated

CISO CEO Jemmett Grant Receives 138,468 Shares Through RSU Vest

What Happened

  • Jemmett David Grant, CEO of CISO Global, converted vested restricted stock units into 138,468 shares of CISO common stock (transaction code M) on June 13, 2026. The per-share conversion amount reported was $0.29, for a notional value of about $40,156. This was issuance from an RSU grant (compensation/award), not an open-market purchase or sale.

Key Details

  • Transaction date: June 13, 2026 (reported on an amended Form 4 filed July 7, 2026).
  • Security/amount: 138,468 shares issued via conversion/exercise of derivative (code M) at $0.29 per share; total ≈ $40,156.
  • Shares owned after transaction: Not disclosed in the provided filing.
  • Footnotes: Grant date June 13, 2025 for 400,000 RSUs. 25% of the grant vested June 13, 2026; remaining shares vest quarterly such that 100% vests on the fourth anniversary. The filing states a "net number of 138,468 shares were issued" (i.e., net of any withholding).
  • Filing status: This is an amended Form 4 filed July 7, 2026 reporting the June 13 transaction (Form 4s are typically due within two business days of the transaction, so the amendment indicates the original filing was later amended).

Context

  • This transaction reflects RSU vesting and conversion into shares (compensation), not a market purchase or sale. The “net” issued amount typically indicates that some shares were withheld to satisfy taxes or related obligations at vesting. The grant has a multi-year vesting schedule; more shares will vest over the next three years per the stated schedule.