PSQ Holdings Director Celli James Receives Stock Awards

What Happened Celli James, a director of PSQ Holdings, Inc. (PSQH), received two equity awards: 16,666 unvested restricted stock units (RSUs) granted on July 9, 2026 (acquired at $0) and 13,888 shares issued on August 13, 2026 at $3.60 per share (total value $49,997). The awards are grants/awards (code A on the Form 4), not open-market purchases or sales.

Key Details

• Transaction dates and prices:
  • 2026-07-09: 16,666 RSUs granted, $0.00 per share (acquired)
  • 2026-08-13: 13,888 shares/award issued, $3.60 per share (acquired), aggregate value $49,997
• Vesting/restrictions: The 16,666 RSUs are unvested and will vest on July 9, 2027 subject to continuous service.
• Conversion note: On August 11, 2026 the compensation committee converted the reporting person's outstanding RSUs into restricted stock with identical vesting terms (per footnote F1).
• Shares owned after the reported transactions: not disclosed in the provided filing details.
• Filing timeliness: The Form 4 was filed on 2026-09-17, which is well after the transaction dates and beyond the typical two-business-day reporting window for Form 4 filings.

Context These transactions are awards/grants to a director (not open-market buying or selling). Awards and RSU grants are common compensation tools and do not by themselves indicate the director bought or sold shares for investment reasons. The converted RSUs remain subject to vesting until July 9, 2027, so the director does not have full, unrestricted ownership of those shares today.