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Arrive AI (ARAI) CSO Neerav Shah gets 566,038 RSUs and boosts holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Arrive AI Inc. Chief Strategy Officer Neerav Dilip Shah reported equity compensation activity involving Restricted Stock Units on March 31, 2026. RSUs granted on December 31, 2025 vested into 25,348 shares of common stock, with 8,315 shares relinquished to cover taxes. Following these transactions, he directly held 93,448 shares of common stock. In addition, he received a new award of 566,038 RSUs that vest in three tranches from 2027 to 2029, subject to company performance objectives. The Form 4 reflects compensation-related grants, vesting, and tax withholding rather than open-market buying or selling.

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Insider Shah Neerav Dilip
Role Chief Strategy Officer
Type Security Shares Price Value
Exercise Restricted Stock Award 25,348 $0.00 --
Grant/Award Restricted Stock Award 566,038 $0.00 --
Grant/Award Common Stock 25,348 $0.00 --
Tax Withholding Common Stock 8,315 $0.00 --
Holdings After Transaction: Restricted Stock Award — 50,698 shares (Direct); Common Stock — 101,763 shares (Direct)
Footnotes (1)
  1. These securities are vested shares from Restricted Stock Units (RSUs) which were granted on December 31, 2025. Amount shown represents vested shares of 25,348, less shares relinquished to cover taxes (8,315 shares). The shares have been issued pursuant to the Company's 2023 Equity Incentive Plan. Represents the gross number of shares vesting from RSUs which were granted on December 31, 2025, and vested on March 31, 2026. RSUs were granted on March 31, 2026, which vest as follows: (i) 188,678 shares on March 31, 2027; (ii) 188,680 shares on March 31, 2028; and (iii) 188,680 shares on March 31, 2029, subject to achievement of company performance objectives. 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.
RSUs vested into shares 25,348 shares Vesting from RSUs granted December 31, 2025; vested March 31, 2026
Shares withheld for taxes 8,315 shares Relinquished to cover tax liability on RSU vesting
New RSU grant 566,038 RSUs Granted March 31, 2026 under 2023 Equity Incentive Plan
Post-transaction common shares 93,448 shares Common stock directly held after March 31, 2026 transactions
First RSU vesting tranche 188,678 shares Scheduled to vest March 31, 2027, subject to performance objectives
Second RSU vesting tranche 188,680 shares Scheduled to vest March 31, 2028, subject to performance objectives
Third RSU vesting tranche 188,680 shares Scheduled to vest March 31, 2029, subject to performance objectives
Restricted Stock Units (RSUs) financial
"These securities are vested shares from Restricted Stock Units (RSUs) which were granted on December 31, 2025."
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.
2023 Equity Incentive Plan financial
"The shares have been issued pursuant to the Company's 2023 Equity Incentive Plan."
tax liability financial
"Payment of exercise price or tax liability by delivering securities"
company performance objectives financial
"subject to achievement of company performance objectives."
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Shah Neerav Dilip

(Last)(First)(Middle)
C/O ARRIVE AI INC.
9100 FALL VIEW DRIVE

(Street)
FISHERS, INDIANA 46037

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Arrive AI Inc. [ ARAI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Strategy Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/31/2026A25,348(1)A$0101,763D
Common Stock03/31/2026F8,315(1)D$093,448D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Award$003/31/2026M25,348 (2) (4)Common Stock25,348$050,698D
Restricted Stock Award$003/31/2026A566,038 (3) (4)Common Stock566,038$0566,038D
Explanation of Responses:
1. These securities are vested shares from Restricted Stock Units (RSUs) which were granted on December 31, 2025. Amount shown represents vested shares of 25,348, less shares relinquished to cover taxes (8,315 shares). The shares have been issued pursuant to the Company's 2023 Equity Incentive Plan.
2. Represents the gross number of shares vesting from RSUs which were granted on December 31, 2025, and vested on March 31, 2026.
3. RSUs were granted on March 31, 2026, which vest as follows: (i) 188,678 shares on March 31, 2027; (ii) 188,680 shares on March 31, 2028; and (iii) 188,680 shares on March 31, 2029, subject to achievement of company performance objectives. The RSUs have been issued pursuant to the Company's 2023 Equity Incentive Plan.
4. The RSUs do not expire, they either vest or are canceled prior to vesting date.
/s/ Todd Pepmeier as Attorney-in-Fact for Neerav Dilip Shah04/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Arrive AI (ARAI) report for Neerav Shah?

Arrive AI reported that Chief Strategy Officer Neerav Shah had RSUs vest into 25,348 common shares, with 8,315 shares used to cover taxes, and received a new grant of 566,038 RSUs as equity compensation, all dated March 31, 2026.

How many Arrive AI (ARAI) shares does Neerav Shah hold after these transactions?

After the reported Form 4 transactions, Neerav Shah directly holds 93,448 shares of Arrive AI common stock. This figure reflects vested RSUs converted to shares and shares relinquished to cover taxes, as disclosed in the filing’s transaction detail tables.

What are the terms of Neerav Shah’s new RSU grant at Arrive AI (ARAI)?

Neerav Shah received 566,038 RSUs on March 31, 2026. These vest in three tranches: 188,678 shares on March 31, 2027 and 188,680 shares on both March 31, 2028 and March 31, 2029, subject to company performance objectives under the 2023 Equity Incentive Plan.

Were any Arrive AI (ARAI) shares sold on the open market in this Form 4?

The Form 4 shows no open-market sales. Instead, it reports RSU vesting, a new RSU grant, and a tax-withholding disposition of 8,315 shares used to satisfy tax obligations, which is different from discretionary selling in the market.

What equity plan governs the Arrive AI (ARAI) RSU awards to Neerav Shah?

Both the vested RSUs and the new 566,038 RSU grant to Neerav Shah were issued under Arrive AI’s 2023 Equity Incentive Plan, as noted in the footnotes describing the origin, vesting conditions, and non-expiring nature of these RSU awards.

Do the Arrive AI (ARAI) RSUs reported for Neerav Shah have an expiration date?

The filing states that the RSUs do not expire; they either vest or are canceled before the vesting date. This applies to the RSUs granted on December 31, 2025 and those granted on March 31, 2026 under the 2023 Equity Incentive Plan.