Gowasack Andrew Carl 4
Research Summary
AI-generated summary
T Stamp (IDAI) President Andrew Carl Gowasack Receives RSU Award
What Happened
- Andrew Carl Gowasack, President and a director of T Stamp Inc. (IDAI), received a grant of 68,354 restricted stock units (RSUs) on 2026-01-22. The award is reported at $0.00 per share because RSUs are a contingent right to receive shares upon vesting rather than an open-market purchase or sale. The filing classifies this as a derivative award.
Key Details
- Transaction date: 2026-01-22; reported on Form 4 filed 2026-01-26.
- Grant: 68,354 RSUs; reported acquisition price: $0.00 (award/derivative).
- Shares owned after the transaction: not specified in the Form 4 filing.
- Footnote: Each RSU represents a contingent right to receive one share of common stock upon vesting.
- Timeliness: The Form 4 was filed four days after the transaction date, which appears to exceed the SEC’s usual two-business-day Form 4 reporting deadline.
Context
- RSUs are not immediate share purchases. They convert into actual shares only if and when they vest according to the grant’s terms; there is no immediate cash outlay by the insider. Such awards are common for compensation and do not by themselves indicate a buy or sell signal.