DeMott Harry 4
Research Summary
AI-generated summary
WM Technology (MAPS) Director Harry DeMott Receives 437,301 RSUs
What Happened Harry DeMott, a director of WM Technology, was awarded 437,301 restricted stock units (RSUs) on February 1, 2026 (transaction code A). The award was granted at $0.00 per unit (no cash paid at grant). Each RSU is a contingent right to receive one share of Class A common stock when vested; the grant itself does not represent immediate share ownership or an open-market purchase.
Key Details
- Transaction date: 2026-02-01; Form 4 filed: 2026-02-03 (appears to be within the normal Form 4 filing window).
- Award: 437,301 RSUs granted at $0.00 per RSU (total cash value at grant: $0).
- Shares owned after transaction: not reported in this filing.
- Footnote: RSUs vest in three equal annual installments on the dates of the next three annual meetings of stockholders (starting with the next annual meeting after grant effectiveness), subject to acceleration and DeMott’s continued service.
- Transaction type: Award/Grant (A); no sale or purchase reported.
Context RSUs are a common form of director compensation and represent a future right to receive shares if vesting conditions are met — they are not an immediate market purchase or sale. The economic value to the insider and the dilution to existing shareholders will depend on WM Technology’s share price at each vesting date. This filing is informational about the grant; it does not by itself indicate buying or selling sentiment.