Holtzman Max 4
4 · RYTHM, Inc. · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
RYTH (RYM) Director Max Holtzman Sells Shares, Receives RSU Award
What Happened
Max Holtzman, a director of RYTH, Inc. (RYM), sold a total of 5,000 shares in open-market transactions on June 16, 2026 for aggregate proceeds of $130,005 and was simultaneously granted 5,000 restricted stock units (RSUs). The sales consisted of: 3,156 shares at a weighted average price of $25.49 ($80,458), 912 shares at a weighted average price of $26.34 ($24,018), and 932 shares at a weighted average price of $27.39 ($25,529). The RSU award (reported as $0.00 acquisition price) vests as described in the filing.
Key Details
- Transaction date: June 16, 2026; Form 4 filed June 18, 2026 (appears timely).
- Sales: 3,156 sh @ $25.49 (proceeds $80,458); 912 sh @ $26.34 (proceeds $24,018); 932 sh @ $27.39 (proceeds $25,529). Total sold: 5,000 shares for $130,005.
- Award: 5,000 restricted stock units granted (reported acquisition $0.00).
- Footnotes: RSUs vest 100% on the earlier of (i) one year after grant or (ii) the next annual meeting, subject to continued service (F1). Sales prices reported as weighted averages; individual trades ranged 25.00–25.76 (F2), 26.05–26.81 (F3), and 27.14–27.93 (F4).
- Shares owned after the transactions: not specified in the provided excerpt of the filing.
- Transaction types: Sales (S) and Award/Grant (A). No 10b5-1 plan, tax withholding, or late filing flag reported in the excerpt.
Context
These were open-market sales (common insider liquidity) and an RSU grant with a time-based vesting schedule; the award does not represent immediate vested shares. The filing is factual and does not explain motivation—sales can be routine or for personal liquidity.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-16+5,000→ 10,000 total - Sale
Common Stock
[F2]2026-06-16$25.49/sh−3,156$80,458→ 6,844 total - Sale
Common Stock
[F3]2026-06-16$26.34/sh−912$24,018→ 5,932 total - Sale
Common Stock
[F4]2026-06-16$27.39/sh−932$25,529→ 5,000 total
Footnotes (4)
- [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.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.00 to $25.76, inclusive. The reporting person hereby undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (4) to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.05 to $26.81, inclusive.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.14 to $27.93, inclusive.