Fitz Michael Todd 4

What Happened
Fitz Michael Todd, a director of Arrive AI, was granted 87,413 restricted stock units (RSUs) on July 6, 2026. The RSUs were issued at a $0 per-share grant price (transaction coded as an Award/Grant — A) and will vest on June 30, 2027. The award was made under the Company’s 2023 Equity Incentive Plan.

Key Details

• Transaction date: 2026-07-06; Form 4 filed 2026-07-07 (timely filing).
• Grant details: 87,413 RSUs, $0.00 grant price (derivative award).
• Vesting: RSUs vest on 2027-06-30.
• Footnotes: F1—RSUs granted 7/6/2026 under the 2023 Equity Incentive Plan; F2—RSUs do not expire and will either vest or be canceled prior to the vest date.
• Shares owned after transaction: not specified in the provided filing excerpt.

Context
RSU grants are a form of compensation/retention award and are not a cash purchase or sale. They do not provide shares or liquidity until they vest (and may be subject to forfeiture if vesting conditions aren’t met). Such grants are common for directors and employees and do not, by themselves, indicate a buy/sell signal.