Yorihiro Akinobu 4

What Happened
Yorihiro Akinobu, Chief Technology Officer and director of Newton Golf Company, was granted 261,780 restricted stock units (RSUs) on June 24, 2026. The units were reported with an acquisition price of $0 (an award/grant). This is an equity award from the company, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-06-24; Form 4 filed: 2026-06-26 (timely filing).
• Transaction type: Award/Grant (code A) — 261,780 RSUs; reported acquisition price $0.
• Vesting: RSUs vest in three substantially equal installments on June 24 of 2027, 2028 and 2029, subject to continued service (see footnote).
• Shares owned after transaction: The filing as provided does not state total beneficial ownership post-grant; these are unvested RSUs until each vesting date.
• No 10b5-1 plan, tax‑withholding, or sale noted in the provided information.

Context
RSUs are conditional awards that become actual shares when they vest and any required taxes are satisfied; they do not represent immediately tradable shares. Grants are routine executive compensation and are different from insider purchases (which some investors view as stronger positive signals). This filing simply reports the grant and its vesting schedule; it does not indicate any immediate sale or cash transaction.