4Accepted Sep 10, 4:12 PM ET
Beeline (BLNE) Director Joseph Caltabiano Receives 50,000 RSU Award
Accepted (ET)
4:12 PM
Sep 10, 2026
Filed
Sep 10, 2026
Documents
1
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5.7 KB
Summary
Beeline (BLNE) Director Joseph Caltabiano Receives 50,000 RSU Award
What Happened Joseph Caltabiano, a director of Beeline Holdings, Inc. (BLNE), was granted 50,000 restricted stock units (RSUs) on September 8, 2026. The units were awarded at a $0 per-share acquisition price (no cash paid at grant). RSUs are a grant/award (not an open-market purchase or sale) and represent a contingent right to receive shares if and when they vest.
Key Details
- Transaction date: 2026-09-08; Form 4 filed: 2026-09-10 (within the typical 2-business-day reporting window).
- Award: 50,000 restricted stock units; acquisition price reported as $0.00.
- Shares owned after transaction: not specified in the provided filing summary.
- Grant plan and approval: Award made under the Issuer’s Amended and Restated 2025 Equity Incentive Plan and approved by the Issuer’s Special Committee of the Board (three non-employee directors).
- Exemption: Grant was exempt from Section 16(b) under Rule 16b-3 as approved by the Special Committee.
Context Each RSU represents a contingent right to receive one share of Beeline common stock upon vesting. These units vest on the earlier of (i) September 8, 2027 or (ii) the disbanding of the Issuer’s Special Committee, and are subject to continued service on the Board through the vesting date. Because this is an award (not a purchase or sale), it does not by itself signal a buying or selling decision and will only convert to tradable shares if and when the RSUs vest.