Jegannathan Rajasekar 4

What Happened

• Jegannathan Rajasekar, Chief Technology Officer of ChronoScale Holdings Corp (CHRN), received an award of 1,400,000 restricted stock units (RSUs) on July 22, 2026. The RSUs were granted at a $0.00 per-share acquisition price (grant value recognized as an equity award rather than an immediate cash transaction).

Key Details

• Transaction date: 2026-07-22; Form 4 filed: 2026-07-24 (filed within the typical 2-business-day reporting window).
• Instrument: Restricted stock units (transaction code A — award/grant).
• Amount: 1,400,000 RSUs granted; grant price shown as $0.00 (award, not a cash purchase).
• Shares owned after the transaction: Not specified in the provided excerpt of the filing.
• Footnote: RSUs vest one-third on June 1, 2027 (cliff); then one-sixth of the remaining RSUs vest in equal installments every six months thereafter, with full vesting on June 1, 2029, subject to continuous service and potential accelerated vesting under certain conditions.

Context

• RSUs are a contingent right to receive common shares on a one-for-one basis when vested — they do not represent immediate share ownership or a sale. Value is typically realized when RSUs vest and shares are delivered (or settled in cash, if applicable).
• This is an equity compensation grant (routine for executives) rather than an open-market purchase or sale; it signals compensation/retention incentive rather than a direct buying or selling opinion by the insider.