cahilly jason glen 4
Research Summary
AI-generated summary
Corsair (CRSR) Director Jason Cahilly Receives Award Grants
What Happened
Jason Glen Cahilly, a director of Corsair Gaming, received two grant awards on June 16, 2026: 10,020 restricted stock units (RSUs) and a derivative award covering 16,367 shares (stock option). Both awards were granted at $0.00 per share (total reported value $0). These are compensation awards (acquisitions by grant), not open-market purchases or sales.
Key Details
- Transaction date: 2026-06-16; Form 4 filed 2026-06-18 (appears timely — Form 4 is generally due within two business days).
- Grants: 10,020 RSUs (F1) and 16,367-share option/derivative award (F2); grant price reported $0.00 for both.
- Vesting: Both the RSUs and the option vest 100% on the earlier of (i) one year after June 16, 2026 or (ii) the day before the next annual meeting of stockholders, subject to Cahilly’s continued service.
- Post-transaction holdings: Not specified in the provided filing summary.
- Exhibits/remarks: Exhibit 24 — Power of Attorney.
Context
RSUs convert into common shares upon vesting; the derivative award is a stock option that becomes exercisable when it vests. Neither award indicates an immediate sale or cashless exercise — they are forward-looking compensation that only translate into shares (and potential economic value) if/when they vest and the option is exercised. Grants at a $0 exercise price are common for compensation awards and do not represent an out-of-pocket purchase by the insider.