Doman Dan 4
Research Summary
AI-generated summary
Upland Software (UPLD) COO Dan Doman Receives RSU Award
What Happened
Dan Doman, Chief Operating Officer of Upland Software (UPLD), received a grant of 100,000 restricted stock units (RSUs) on February 27, 2026. The grant was recorded at an acquisition price of $0.00 (aggregate $0), i.e., these are compensation RSUs rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-02-27; transaction type: Award/Grant (code A).
- Shares granted: 100,000 RSUs; acquisition price reported as $0.00 (aggregate $0).
- Vesting: RSUs vest in 12 equal quarterly installments starting three months after the Vesting Commencement Date of 2025-12-16 (first vesting date: ~2026-03-16).
- Acceleration: RSUs are subject to accelerated vesting in certain change-of-control scenarios (per footnote F1).
- Amount owned following the transaction: not specified in the Form 4.
- Filing timeliness: Form filed 2026-03-03 for a 2026-02-27 transaction (filed within the required two business days).
Context
RSUs represent a promise to deliver shares (or their value) upon vesting and do not involve an immediate cash outlay or open-market purchase. Grants like this are typically part of executive compensation and are not direct indicators of buying/selling sentiment; they vest over time and may accelerate on certain corporate events.