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4Accepted Oct 5, 6:42 PM ET

CitroTech Inc.: CEO Bolsen Wesley James received 900,000 shares

CITRCitroTech Inc.

Accepted (ET)

6:42 PM

Oct 5, 2026

Filed

Oct 5, 2026

Documents

1

Size

10.7 KB

Summary

CitroTech Inc.: CEO Bolsen Wesley James received 900,000 shares

Updated

What happened

  • The filing shows that Bolsen Wesley James, CEO, was granted three awards of 300,000 restricted stock units (RSUs) each on Oct 1, 2025, for a total of 900,000 RSUs. Each grant was reported as acquired at $0.00, total reported value $0.
  • Transaction code for each entry is A (award/grant).

Key details

  • Transaction date(s) and price(s): Oct 1, 2025; grant price $0.00 for each 300,000-RSU award.
  • Shares owned after the transaction: not reported in the filing.
  • Vesting and conditions (from footnotes):
    • Grant 1 (300,000 RSUs): 1/4 vested on Oct 1, 2026; remaining 3/4 vest equally monthly over the following 36 months until Oct 1, 2029.
    • Grant 2 (300,000 RSUs): vest in four annual installments, with up to 1/4 vesting on each anniversary of Oct 1, 2025, subject to continued service and achievement of annual KPIs.
    • Grant 3 (300,000 RSUs): vest in four installments upon achieving market capitalization thresholds and continued service. The thresholds are: 75,000 RSUs at $150,000,000 sustained for 30 consecutive days; 75,000 RSUs at $200,000,000 for 30 consecutive days; 75,000 RSUs at $250,000,000 for 30 consecutive days; 75,000 RSUs at $300,000,000 for 30 consecutive days.
  • Filing timeliness: the Form 4 was filed on Oct 5, 2026, which is 369 days after the Oct 1, 2025 transaction dates; the filing was submitted late.

Why it may matter

  • These were RSU awards (contingent rights to receive shares subject to vesting), not open-market purchases or sales.
  • The filing does not show why the insider traded or why the company acted.

AI-written summary · check the filing