Arrive AI (ARAI) Director John E. Gallina Receives RSU Award

What Happened

• John E. Gallina, a director of Arrive AI, was granted 87,413 restricted stock units (RSUs) on July 6, 2026. The award is recorded as a derivative grant at $0.00 per share (no cash purchase). This is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction type: Award/Grant (code A) of RSUs.
• Transaction date: July 6, 2026; Form 4 filed July 7, 2026 (appears timely).
• Shares/units granted: 87,413 RSUs; reported acquisition price: $0.00 (no cash paid).
• Vesting: RSUs vest on June 30, 2027 (per footnote).
• Plan: Issued under the Company’s 2023 Equity Incentive Plan.
• Expiration: RSUs do not expire; they either vest or are canceled prior to the vesting date.
• Shares owned after transaction: Not specified in the filing.

Context

• This is a typical equity compensation grant to an insider and does not represent an open-market purchase or sale. The award will convert to ordinary shares only upon vesting (June 30, 2027) subject to the plan’s terms and any cancellation provisions. This type of grant is intended as compensation and should be interpreted differently from a director buying shares on the market.