Black Dondi 4
Research Summary
AI-generated summary
Intellicheck Director Dondi Receives 1,259-Share Award
What Happened Black Dondi, a director of Intellicheck, Inc. (IDN), was granted 1,259 restricted stock units (RSUs) on July 15, 2026 that converted one-for-one into common shares and vested in full on the grant date. The filing shows an acquisition value of $3.97 per share, for a total value of $4,998. This was an award/compensation event (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: July 15, 2026; Filing date: July 17, 2026 (timely Form 4 filing).
- Transaction type/code: Award/Grant (A) — restricted stock units that converted to shares.
- Shares acquired: 1,259 at $3.97 per share; total reported value $4,998.
- Footnote: RSUs granted on the grant date convert one-for-one to common stock and vested in full on the grant date (per footnote F1).
- Shares owned after transaction: Not disclosed in the filing.
- No 10b5-1 plan, tax-withholding sale, or late filing indicated.
Context This was a compensation-related grant that immediately vested, resulting in shares issued to the director. Such director RSU awards are common and reflect compensation practices rather than an insider buying shares on the open market; they should not be interpreted on their own as a bullish or bearish signal. The dollar value of this award is modest (~$5k).