Fleming Katherine E. 4
Research Summary
AI-generated summary
AudioEye (AEYE) Director Katherine Fleming Receives RSU Award
What Happened
- Katherine E. Fleming, a director of AudioEye, Inc. (AEYE), received a grant of 8,500 restricted stock units (RSUs) on 2026-06-22. The award was recorded at $0.00 per share (no cash purchase); the RSUs will convert into common shares only upon vesting.
Key Details
- Transaction date: 2026-06-22; Form 4 filed: 2026-06-24 (timely filing).
- Transaction type/code: Award/Grant (A).
- Shares granted: 8,500 RSUs; grant price reported as $0.00 (award, not a cash purchase).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: RSUs vest on the earlier of (a) one year after grant or (b) immediately prior to the next annual meeting of stockholders, provided Fleming’s service has not terminated before vesting (may be forfeitable if service ends).
- No indication of tax withholding, 10b5-1 plan, or immediate sale in this filing.
Context
- RSU grants to directors are common as compensation and do not represent an open-market purchase; the economic interest is realized only if and when the RSUs vest and convert to shares. Such awards are routine director compensation and should be interpreted differently than outright purchases or insider sales. Track future Form 4s for vesting, any shares issued, or subsequent sales.