4Accepted Oct 5, 6:42 PM ET
CitroTech Inc.: CEO Bolsen Wesley James received 900,000 shares
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
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.