RYTHM, Inc.·4

Jun 18, 4:21 PM ET

Holtzman Max 4

Research Summary

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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.