4Filed Aug 19, 8:00 PM ET

Mobile Infrastructure (BEEP) Director Damon D. Jones Receives Award

$BEEP · Mobile Infrastructure Corp

Research Summary

AI-generated summary of this SEC filing

Updated

Mobile Infrastructure (BEEP) Director Damon D. Jones Receives Award

What Happened Damon D. Jones, a director of Mobile Infrastructure Corp (ticker: BEEP), was granted 18,750 restricted stock units (RSUs) on 2026-08-18. The Form 4 records an acquisition at $0.00 per RSU (total recorded value $0). These RSUs are unvested and represent 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 (filed within typical two-business-day reporting window).
  • Transaction type/code: Award/Grant (code A).
  • Units granted: 18,750 RSUs; acquisition price: $0.00; immediate cash value shown as $0.
  • Vesting: RSUs vest in full on the first anniversary of the grant date (2027-08-18), subject to the reporting person’s continued service (see F1).
  • Shares owned after transaction: not specified in the filing.
  • Footnotes: F1 explains the one-year vesting schedule; F2 notes the filing includes 18,750 unvested RSUs.

Context RSUs are a form of equity compensation that convert to shares if and when they vest; they are different from open-market purchases or sales and do not by themselves indicate a buy/sell market signal. These RSUs simply reflect a compensation award to a director and will only result in actual share ownership if vesting conditions are met.