Keithley Michael 4

What Happened Michael Keithley, a director of Veritone, Inc. (VERI), received two RSU awards on July 7, 2026 totaling 240,000 restricted stock units (120,000 + 120,000). Each grant was recorded at $0.00 (awarded, not purchased). The RSUs represent the right to receive shares upon vesting and therefore are not immediate share purchases or sales; they create the potential issuance of 240,000 common shares if and when vesting conditions are met.

Key Details

• Transaction date: July 7, 2026; Form 4 filed July 9, 2026 (timely — within the usual 2‑business‑day window).
• Reported consideration: $0.00 (awards/RSUs).
• Vesting terms:
  • First 120,000 RSUs: vest on the earlier of July 7, 2027 or the day before the issuer’s 2027 annual meeting. (Footnote F1)
  • Second 120,000 RSUs: 50% vests on the earlier of July 7, 2027 or the day before the 2027 annual meeting; remaining 50% vests on March 14, 2028. (Footnote F2)
• Shares owned after transaction: not specified in the filing.
• No 10b5-1 plan, tax‑withholding sale, or sale/transfer noted — this is a grant of equity compensation, not a market trade.

Context RSUs are a form of equity compensation that convert into shares only upon vesting; they do not represent immediate cash proceeds or open‑market activity. Grants to directors are common and reflect compensation or retention arrangements rather than an outright purchase signal. These awards, if and when vested, will result in the issuance of up to 240,000 shares to Keithley according to the schedule above.