Vakili Armon 4

What Happened

• Vakili Armon, a director of RYTHM, Inc. (RYM), sold a total of 2,250 shares in open-market transactions on June 17, 2026, generating approximately $59,676 in proceeds (105 shares @ $25.00 = $2,625; 1,705 shares @ $26.45 = $45,095; 440 shares @ $27.17 = $11,956).
• The reporting person was also granted 5,000 restricted stock units (RSUs) on June 16, 2026, at no cash cost. The RSUs will vest 100% on the earlier of the one-year anniversary of the grant or the next annual meeting, subject to continued service.

Key Details

• Transaction types: Award/Grant (A) — 5,000 RSUs on 2026-06-16; Sales (S) — 2,250 shares on 2026-06-17 (open market).
• Sale prices: 105 shares @ $25.00; 1,705 shares reported at a weighted average $26.45 (individual trades ranged $26.07–$26.96); 440 shares reported at weighted average $27.17 (individual trades ranged $27.03–$27.41). The filer offers to provide a per-trade breakdown on request (see footnotes).
• Proceeds from sales: ~$59,676 total.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Vesting note: RSUs vest 100% on the earlier of one year after grant or the next annual meeting, contingent on continuous service (footnote).
• Filing date: Form 4 filed 2026-06-18 for transactions on 06-16 and 06-17 — appears to be timely (Form 4 is generally due within two business days).

Context

• Sales were open-market disposals (routine insider selling); the RSU award is a time-based grant that does not represent an immediate cash purchase.
• There is no indication in the provided filing of option exercises, gifts, tax-withholding share forfeitures, or a 10% owner status.
• Retail investors often regard purchases more strongly than routine sales; the RSU grant is compensation-related and will vest later rather than signaling immediate insider buying.