Synergy CHC Corp.·4

Apr 24, 9:12 PM ET

Kaushal Nitin 4

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Synergy CHC Director Kaushal Nitin Receives Award

What Happened Kaushal Nitin, a director of Synergy CHC Corp. (SNYR), was granted 306,433 restricted stock units (RSUs) on April 21, 2026. The Form 4 reports the acquisition as 306,433 shares at $0.00 (transaction code A), with a reported total value of $0. The filing states the RSUs vested in full on the grant date.

Key Details

  • Transaction date: 2026-04-21 (reported on Form 4 filed 2026-04-24)
  • Security: 306,433 restricted stock units (RSUs) reported as acquired @ $0.00
  • Footnote: Each RSU represents a contingent right to one common share under the Issuer's 2024 Equity Incentive Plan; the RSUs vested in full on the grant date (see F1).
  • Shares owned after transaction: Not specified in the provided filing details.
  • Filing timeliness: Form filed 3 days after the transaction date (no late-filing flag provided in source data).

Context RSU grants are compensation awards rather than open-market purchases or sales; while they increase an insider's stake, they do not necessarily signal a personal cash investment. Because these RSUs vested on the grant date per the footnote, the director now has a contingent right to receive shares under the plan (the Form 4 reports the acquisition value as $0).