Morgan Jonathan 4
Research Summary
AI-generated summary
Angel Oak Mortgage REIT Director Jonathan Morgan Receives Award
What Happened
- Jonathan Morgan, a director of Angel Oak Mortgage REIT, acquired 11,737 shares through a restricted stock award on 2026-05-13. The grant is reported at $8.52 per share for a total reported value of $99,999. This is an award/compensation grant (transaction code A), not an open-market purchase.
Key Details
- Transaction date: 2026-05-13; Filing date: 2026-05-14 (timely).
- Price/value: 11,737 shares at $8.52 each; total reported value $99,999.
- Shares owned after transaction: Not specified in the supplied filing.
- Footnote: The 11,737 shares are unvested restricted stock that vest on May 13, 2027, subject to continued service.
- Transaction type: Award/grant of restricted stock (A). No 10b5-1 plan or immediate sale noted.
Context
- Restricted stock grants are compensation and typically vest over time; they are not immediate sales or open-market purchases and don’t necessarily signal near-term trading intent. Because these shares are unvested, the director cannot freely sell them until they vest (subject to plan terms).