Varier Krishnan 4
4 · RYTHM, Inc. · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
RYTHM (RYM) Director Varier Krishnan Receives 5,000 RSU Award
What Happened
- Varier Krishnan, a director of RYTHM, Inc. (RYM), received an award of 5,000 restricted stock units (RSUs) on 2026-06-16. The reported acquisition price is $0.00 (award), so no cash changed hands at grant. This is a grant/award (not a market purchase or sale) and does not by itself provide immediate proceeds.
Key Details
- Transaction date: 2026-06-16; reported on Form 4 filed 2026-06-18 (appears timely under Form 4 reporting rules).
- Transaction type/code: A — Award/Grant of 5,000 RSUs at $0.00 (no purchase price).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Vesting: Per footnote, 100% of the RSUs vest on the earlier of (i) one year after the grant or (ii) the next annual stockholder meeting, subject to Krishnan’s continued service through the vesting date.
- Tax/withholding: No tax withholding or net-share settlement noted in the provided data.
Context
- RSU grants are compensation awards that convert to shares only upon vesting; they are not immediate purchases or sales and thus do not by themselves signal a buy/sell decision. Any change in beneficial ownership and potential sale would occur only after vesting and settlement (and would be reported separately).
Insider Transaction Report
Form 4
RYTHM, Inc.RYM
Varier Krishnan
Director
Transactions
- Award
Common Stock
[F1]2026-06-16+5,000→ 10,000 total
Footnotes (1)
- [F1]Award granted in the form of restricted stock units under the issuer's 2022 Omnibus Equity Incentive Plan, as amended. 100% of the restricted stock units will vest on the earlier of (i) the one year anniversary of the date of the grant of the restricted stock units and (ii) the next annual meeting of the stockholders of the issuer following the date of the grant of the restricted stock units, subject to the reporting person's continuous service to the issuer through such vesting date.
Signature
/s/ Kathryn A. Lloyd, Attorney-in-Fact|2026-06-18