Spilman Mary 4/A
Research Summary
AI-generated summary
Teads (TEAD) CCO Mary Spilman Receives 1.4M-Share Award
What Happened Mary Spilman, Chief Commercial Officer of Teads Holding Co. (TEAD), was granted 1,400,000 shares in an award reported as acquired on 2026-03-11 at a reported price of $0.00 (total reported value $0). The Form 4 was amended to correct a clerical error in the vesting schedule disclosed in the original filing.
Key Details
- Transaction type: Award/Grant (Form 4 code A)
- Transaction date: 2026-03-11; Filing date (amended): 2026-03-17
- Shares acquired: 1,400,000; Price per share reported: $0.00; reported total $0
- Shares owned after transaction: not specified in the filing excerpt
- Footnote: Amendment corrects the initial vesting date — originally (incorrectly) stated as Dec 5, 2025; the correct initial vesting date is Dec 5, 2026
- Timeliness: The amended Form 4 was filed six days after the transaction date (later than the typical two-business-day Form 4 deadline); amendment was clerical in nature
Context An award reported at $0.00 typically reflects a grant of restricted stock or similar equity-based compensation rather than an open-market purchase. Such grants are common for executives and are governed by vesting schedules; the corrected vesting date is material to when Spilman can realize the economic benefit. Awards do not by themselves indicate buying/selling sentiment.