Kidambi Tridivesh 4

What Happened
Tridivesh Kidambi, Chief Financial Officer of System1, Inc. (SST), received a grant of 35,300 restricted stock units (RSUs) on May 29, 2026. The award was reported on a Form 4 filed June 2, 2026. The Form lists a transaction price of $0.00 for the RSUs (award/grant), consistent with an equity award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-29; Form 4 filed: 2026-06-02. Filing appears timely (within the two-business-day Form 4 window).
• Transaction type: Award/Grant (RSUs), 35,300 units; transaction price shown as $0.00.
• Footnote F1: The 35,300 RSUs were granted and fully vested on the date of grant; each RSU represents the right to receive one share of SST Class A common stock upon vesting.
• Footnote F2: Form notes inclusion of 52,514 unvested RSUs in reported holdings.
• The filing does not report a cash purchase or sale; this is an equity award that vested immediately per the footnote.

Context
RSUs are a form of compensation that convert to shares upon vesting; because these RSUs were reported as fully vested on the grant date, Kidambi is immediately entitled to the economic interest in those units (subject to any company delivery or tax-withholding processes). Awards like this are compensation-related and do not necessarily indicate a buy/sell view by the insider.