Breidbart Scott 4
Research Summary
AI-generated summary
Aclarion (ACON) Director Scott Breidbart Receives 20,000 RSUs
What Happened
- Scott Breidbart, a director of Aclarion, Inc. (ACON), was awarded 20,000 restricted stock units (RSUs) on 2026-06-11. The grant price is reported as $0.00 (no cash exchanged) and the award value at grant is $0. The RSUs are a contingent right to receive one share of ACON common stock per unit once vested.
Key Details
- Transaction date: 2026-06-11; Form 4 filed 2026-06-12 (timely).
- Transaction type/code: Award/Grant (A).
- Amount: 20,000 RSUs at $0.00 (no immediate proceeds).
- Vesting: 100% of the RSUs vest on 2027-06-01; unvested RSUs accelerate and fully vest upon a change of control (per plan).
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F1 clarifies each RSU equals a contingent right to one share; F2 details the vesting and change-of-control acceleration.
Context
- RSUs are compensation awards, not open-market purchases or sales; they do not represent current transferable shares until they vest and are settled. Director RSU grants are common and primarily a retention/compensation mechanism rather than a direct market signal.