Mobile Infrastructure (BEEP) Director David Garfinkle Receives Award

What Happened David Garfinkle, a director of Mobile Infrastructure Corp (BEEP), was granted 19,922 restricted stock units (RSUs) on 2026-08-18. The units were awarded at $0.00 per share (total reported value $0), representing the contingent right to receive one share of common stock per RSU upon vesting.

Key Details

• Transaction date: 2026-08-18; Form 4 filed: 2026-08-20.
• Grant type/code: A (award/grant); amount: 19,922 RSUs; price per share reported: $0.00 (no cash paid).
• Vesting: RSUs vest in full on the first anniversary of the grant date, subject to continued service (Footnote F1).
• Footnote F2 confirms these 19,922 RSUs are unvested.
• Shares owned after the transaction: Not disclosed in the provided filing excerpt.
• Filing timeliness: Filed two days after the grant date (within the usual 2-business-day Form 4 window).

Context RSU grants are a common form of equity compensation for directors and typically vest over time or upon meeting service conditions; they are not market purchases or sales and do not by themselves indicate buying or selling sentiment. Upon vesting, each RSU converts to one share (subject to the issuer’s rules), at which point the director may hold or sell the shares depending on company policy and insider trading rules.