Zemetra Michael Leonard 4
Research Summary
AI-generated summary
Veritone (VERI) CFO Michael Zemetra Receives RSU Award
What Happened
- Zemetra Michael Leonard, Veritone's EVP, Chief Financial Officer and Treasurer, was granted 137,500 restricted stock units (RSUs) on February 19, 2026. The Form 4 reports the acquisition price as $0.00 for a reported total of $0 (typical for equity awards that convert to shares upon vesting). This is an award/compensation grant, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-19; Form 4 filed: 2026-02-23 (filed within the required reporting window).
- Amount: 137,500 RSUs; reported price: $0.00; reported total value: $0.
- Shares owned after transaction: not specified in the provided summary.
- Footnote: The RSUs vest one-third on each of Jan 1, 2027, Jan 1, 2028 and Jan 1, 2029, subject to the reporting person's continuous service on each vesting date.
Context
- RSU grants are a common form of executive compensation and do not represent an immediate cash purchase or sale; the awards convert to actual shares only as they vest (subject to service). Such grants can dilute existing shareholders when shares are issued upon vesting and are primarily a retention/compensation mechanism rather than a direct signal of buying or selling intent.