Research Alliance (RACD) CEO Matthew Hammond Receives Award 275,000 Shares

What Happened

• Matthew Hammond, CEO of Research Alliance Corp IV, was granted 275,000 shares on July 14, 2026. The reported acquisition price is $10.00 per share, for a total reported value of $2,750,000. This filing reports an award/grant (transaction code A), meaning the company issued shares to the insider rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-14; Filing date (Form 4): 2026-07-16 — filed within the typical two-business-day window (timely).
• Price reported: $10.00 per share; Total reported value: $2,750,000.
• Shares owned after the transaction: Not specified in the supplied filing details.
• Footnote: Mr. Hammond is the sole director of Research Alliance Holdings IV LLC (the "Sponsor") and has voting and investment discretion over securities held by the Sponsor; he may be deemed to beneficially own securities held by the Sponsor but disclaims beneficial ownership except to the extent of any pecuniary interest.
• Transaction code: A (award/grant).

Context

• An "award/grant" typically reflects compensation or incentive arrangements (not an open-market purchase) and does not necessarily indicate immediate buying or selling in the market.
• Such grants can signal alignment of executive and shareholder interests but are routine for executive compensation; they do not alone indicate bullish or bearish intent.