Hall Garrett Ryan 4

What Happened
Hall Garrett Ryan, President of GenFlat Holdings, was awarded 330,000 restricted stock units (RSUs) on February 4, 2026. The RSUs were granted at $0.00 (a derivative award, not a cash purchase) and represent contingent rights to receive one share of GenFlat common stock per RSU upon vesting. Per the filing, the 330,000 RSUs vest on February 28, 2026, subject to continued service; unvested units may be forfeited.

Key Details

• Transaction date and terms: Grant on 2026-02-04 of 330,000 RSUs @ $0.00 (derivative award).
• Vesting: All 330,000 RSUs vest on February 28, 2026, subject to continued service (footnote F2).
• Shares/units beneficially owned: Filing reports 330,000 RSUs beneficially owned as of 2026-02-04 (footnote F3).
• Plan: RSUs granted under the Issuer’s 2020 Equity Incentive Plan (footnote F2).
• Footnote on RSUs: Each RSU represents the contingent right to receive one share upon vesting (footnote F1).
• Filing timeliness: Transaction occurred 2026-02-04; Form 4 was filed 2026-05-26, i.e., a late filing relative to the transaction date.

Context
RSUs are a form of equity compensation for retention/incentive; they do not convey actual shares or sale proceeds until they vest and convert into common stock. This award is neither a market purchase nor a sale — it’s an executive compensation grant that could increase the insider’s shareholdings if the RSUs vest and are settled in shares.