Director at Amesite (AMST) receives 6,522 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Parmer George reported acquisition or exercise transactions in this Form 4 filing.
Amesite Inc. director George Parmer received a grant of 6,522 restricted stock units. These RSUs were issued as deferred stock units in lieu of cash compensation for his board service, with the number of units based on Amesite’s closing share price on the last day of the quarter.
Each RSU represents a contingent right to receive one share of Amesite common stock or its cash equivalent. The deferred stock units or cash equivalent will be delivered after Parmer’s board service ends or upon an earlier change in control. Following this award, he holds 67,887 shares or share-equivalent units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Parmer George
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 6,522 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 67,887 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of AMST common stock and/or the cash equivalent of such share. The reported securities were issued as "deferred stock units" in lieu of cash compensation earned for services as a director, and the number of deferred stock units received was calculated based on the closing share price on the last day of the quarter. The deferred stock units or cash equivalent will be issued to the reporting person upon completion of service as a member of the board of directors or, if earlier, a change in control.
Key Figures
RSUs granted: 6,522 units
Total holdings after grant: 67,887 shares/units
RSU-to-share ratio: 1 RSU : 1 share (or cash equivalent)
3 metrics
RSUs granted
6,522 units
Restricted stock units granted on March 31, 2026
Total holdings after grant
67,887 shares/units
Direct holdings following the RSU award
RSU-to-share ratio
1 RSU : 1 share (or cash equivalent)
Each RSU equals one Amesite common share or cash equivalent
Key Terms
Restricted Stock Units, deferred stock units, change in control
3 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of AMST common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
deferred stock units financial
"The reported securities were issued as "deferred stock units" in lieu of cash compensation earned for services as a director"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
change in control financial
"issued to the reporting person upon completion of service ... or, if earlier, a change in control"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
FAQ
What insider transaction did Amesite (AMST) report for director George Parmer?
Amesite reported that director George Parmer received 6,522 restricted stock units as deferred stock units. These were granted instead of cash fees for his board service and are tied to the company’s closing share price on the last day of the quarter.
What do the restricted stock units granted to Amesite (AMST) director George Parmer represent?
Each restricted stock unit represents a contingent right to receive one share of Amesite common stock or the cash equivalent. They function as equity-based compensation, aligning the director’s interests with shareholders while deferring payment until specific future events occur.
How was the number of Amesite (AMST) deferred stock units for George Parmer calculated?
The 6,522 deferred stock units were calculated using Amesite’s closing share price on the last day of the quarter. Instead of cash fees, the director’s compensation was converted into an equivalent number of stock units based on that quarter-end market price.