Standard Nuclear (STDN) Director Seth Cohen Receives RSU Award
$STDN · Standard Nuclear, Inc.Research Summary
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Standard Nuclear (STDN) Director Seth Cohen Receives RSU Award
What Happened Seth Cohen, a member of the Board of Directors of Standard Nuclear, was granted an award of 13,255 restricted stock units (RSUs) underlying Class A Common Stock on August 12, 2026. The filing reports an acquisition price of $0 for the award (standard for RSU grants); the reported dollar value at grant is $0 because these units convert to shares only upon vesting.
Key Details
- Transaction date: 2026-08-12 (Form 4 filed 2026-08-14).
- Transaction type/code: Grant/Award (A).
- Shares/units granted: 13,255 RSUs underlying Class A Common Stock.
- Price: $0.00 reported (units vest into shares; no cash purchase at grant).
- Shares owned after transaction: Not specified in the filing.
- Vesting: Footnote states 100% of RSUs vest on the earlier of (i) the day before the issuer’s 2027 Annual Meeting or (ii) the one-year anniversary of the grant, subject to Cohen’s continued service as a director through the vesting date.
- Filing status: Timely (filed two days after the grant date).
Context RSUs are a form of equity compensation that convert into actual shares only when they vest; this grant does not represent an immediate open-market purchase or sale. Awards at a $0 acquisition price are common because the economic value is realized only if and when the units vest and convert to stock. Such grants are typically compensation for service and do not by themselves indicate the insider is buying or selling shares in the open market.