McAdams Kevin Lewis 4
Research Summary
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Arrive AI (ARAI) Director Kevin McAdams Receives RSU Award
What Happened Kevin McAdams, a director of Arrive AI, was granted 87,413 restricted stock units (RSUs) on July 6, 2026. The Form 4 reports the award as a derivative acquisition (transaction code A) at $0.00 per share (i.e., no cash paid at grant). The RSUs vest on June 30, 2027 and were issued under the company's 2023 Equity Incentive Plan.
Key Details
- Transaction date: July 6, 2026; Form 4 filed July 7, 2026 (timely filing).
- Grant: 87,413 RSUs; reported price: $0.00; total immediate cash value reported on Form 4: $0.
- Shares owned after the transaction: not specified in the filing.
- Footnotes: (1) RSUs vest on June 30, 2027 and were issued under the 2023 Equity Incentive Plan. (2) The RSUs do not expire — they either vest or are canceled prior to the vesting date.
- Transaction code: A = Award/Grant (derivative securities).
Context RSUs are a form of equity compensation that convert to shares if and when they vest; they are not an outright purchase or sale and do not necessarily signal immediate bullish or bearish insider sentiment. For retail investors, this transaction chiefly indicates director compensation rather than a market-timed trade.