Gildea Edward J 4
4 · MARIMED INC. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
Marimed (MRMD) Director Edward Gildea Receives RSU Award
What Happened
Edward J. Gildea, a director of Marimed Inc. (MRMD), received an award of 75,000 restricted stock units (RSUs) on June 4, 2026. The award is recorded at $0.00 per unit (no cash paid on grant) and is a derivative equity grant rather than an immediate share purchase. These RSUs are described as the issuer’s annual non-employee director equity grant.
Key Details
- Transaction date: 2026-06-04; filed on Form 4: 2026-06-08 (filed within the two-business-day reporting window).
- Grant: 75,000 RSUs, grant price $0.00 (reported as an award/derivative).
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: F1 — RSUs convert to common stock one-for-one; F2 — RSUs vest in full one year from the grant date per the award agreement.
- Remark: RSUs represent the annual equity grant under the company’s non-employee director compensation program.
Context
RSUs are a form of compensation, not an immediate purchase or sale. These units will convert to common shares only upon vesting (one year after grant); there was no cash exchanged at grant and no immediate change in outstanding common shares held by the director. Such awards are routine for non-employee directors and reflect standard compensation practices rather than an open-market trading signal.
Insider Transaction Report
- Award
Restricted Stock Units (RSU)
[F1][F2]2026-06-04+75,000→ 75,000 total→ Common Stock, par value $.001 per share (75,000 underlying)
- 905,208
Common stock
Footnotes (2)
- [F1]RSUs convert to shares of common stock on a one-for-one basis.
- [F2]The RSUs will vest in full one year from the date of grant in accordance with the terms of the award agreement between the Issuer and the Reporting Person.