Veritone, Inc.·4

Jul 8, 8:00 PM ET

Taketa Richard H 4

Research Summary

AI-generated summary

Updated

Veritone (VERI) Director Richard Taketa Receives 240,000 RSU Award

What Happened
Richard H. Taketa, a director of Veritone, Inc. (VERI), was granted two awards of restricted stock units (RSUs) on July 7, 2026 totaling 240,000 RSUs (120,000 + 120,000). Each grant shows $0.00 per share (typical for equity compensation awards), so there was no cash purchase; the reported acquisition value is $0. These RSUs represent the right to receive shares upon vesting according to the schedules below.

Key Details

  • Transaction date: July 7, 2026; Form 4 filed July 9, 2026 (timely filing).
  • Grants: 120,000 RSUs (Footnote F1) and 120,000 RSUs (Footnote F2) — total 240,000 RSUs. Price per share reported: $0.00; total cash paid: $0.
  • Vesting (per footnotes):
    • F1 grant: 120,000 RSUs vest on the earlier of July 7, 2027 or the day before Veritone’s 2027 annual meeting.
    • F2 grant: 120,000 RSUs with 50% vesting on the earlier of July 7, 2027 (or day before 2027 annual meeting) and the remaining 50% vesting on March 14, 2028.
  • Shares owned after the transaction: not specified in the transaction lines of the filing (footnote F3 notes certain shares are held by the reporting person and spouse as trustees of a family trust).
  • Transaction code: A = Award/Grant.

Context
These are equity awards (RSUs), not open-market purchases or sales. RSUs vest over time and only convert to actual shares when vesting conditions are met, so they do not represent immediate selling or buying activity. Such grants are commonly part of director compensation and do not by themselves indicate an insider buying or selling the stock.