Arrive AI (ARAI) director receives 47,052 RSU equity grant under 2023 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McAdams Kevin Lewis reported acquisition or exercise transactions in this Form 4 filing.
Arrive AI Inc. director Kevin Lewis McAdams received a grant of restricted stock units tied to the company’s common stock. The award covers 47,052 RSUs, granted on March 31, 2026 at a grant price of $0.00 per unit as equity compensation.
The RSUs were issued under Arrive AI’s 2023 Equity Incentive Plan and are scheduled to vest on March 31, 2027, if vesting conditions are met. After this award, McAdams holds 47,052 shares-equivalent from this grant, which will either vest into common stock or be canceled if vesting is not achieved.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McAdams Kevin Lewis
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Award | 47,052 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Award — 47,052 shares (Direct)
Footnotes (1)
- Restricted Stock Units (RSUs) were granted on March 31, 2026, which vest on March 31, 2027. The RSUs have been issued pursuant to the Company's 2023 Equity Incentive Plan. The RSUs do not expire, they either vest or are canceled prior to vesting date.
Key Figures
RSUs granted: 47,052 units
Grant price: $0.00 per unit
Vesting date: March 31, 2027
+1 more
4 metrics
RSUs granted
47,052 units
Restricted stock units granted March 31, 2026
Grant price
$0.00 per unit
RSU grant conversion price
Vesting date
March 31, 2027
Scheduled vesting for 47,052 RSUs
Holdings after grant
47,052 shares-equivalent
Total shares following RSU award
Key Terms
Restricted Stock Units (RSUs), Restricted Stock Award, 2023 Equity Incentive Plan
3 terms
Restricted Stock Units (RSUs) financial
"Restricted Stock Units (RSUs) were granted on March 31, 2026, which vest on March 31, 2027."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Restricted Stock Award financial
"security_title: Restricted Stock Award"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
2023 Equity Incentive Plan financial
"The RSUs have been issued pursuant to the Company's 2023 Equity Incentive Plan."
FAQ
What did Arrive AI (ARAI) director Kevin McAdams report in this Form 4?
Kevin McAdams reported receiving a grant of 47,052 restricted stock units tied to Arrive AI common stock. The award represents equity compensation and was granted at a $0.00 price per unit under the company’s 2023 Equity Incentive Plan.
How many Arrive AI (ARAI) RSUs were granted to Kevin McAdams?
Kevin McAdams was granted 47,052 restricted stock units (RSUs). These RSUs represent potential future shares of Arrive AI common stock, subject to vesting on March 31, 2027, and provide stock-based compensation rather than immediate cash payment.
When do Kevin McAdams’ Arrive AI (ARAI) RSUs vest?
The 47,052 Arrive AI RSUs granted to Kevin McAdams vest on March 31, 2027. If vesting conditions are satisfied on that date, the RSUs convert into shares of common stock; otherwise, they may be canceled before vesting.
What is the exercise or conversion price of Kevin McAdams’ Arrive AI (ARAI) RSUs?
The RSUs granted to Kevin McAdams have a conversion price of $0.00 per unit. This means he does not pay cash to receive shares upon vesting; instead, vested RSUs convert into Arrive AI common stock without additional purchase cost.
Under which plan were Kevin McAdams’ Arrive AI (ARAI) RSUs issued?
The 47,052 RSUs for Kevin McAdams were issued under Arrive AI’s 2023 Equity Incentive Plan. This plan provides stock-based awards to directors and employees, aligning their compensation with company performance through potential ownership in common stock.
Does this Arrive AI (ARAI) Form 4 show any stock sales by Kevin McAdams?
The Form 4 shows no stock sales by Kevin McAdams. It reports only an acquisition through a grant of 47,052 restricted stock units as equity compensation, with no open-market buying or selling activity disclosed in this filing.