Inuvo (INUV) director converts 41,667 RSUs, withholds 19,411 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Inuvo, Inc. director Richard K. Howe reported equity compensation-related transactions. On March 1, 2026, he exercised 41,667 restricted stock units, converting them into 41,667 shares of common stock at a price of $0.00 per share. Each restricted stock unit represented a contingent right to receive one share of common stock.
On the same date, Howe disposed of 19,411 common shares at $2.55 per share in a tax-withholding transaction used to satisfy tax liabilities arising from the equity award. After these transactions, he held 526,392 shares of Inuvo common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
41,667 shares exercised/converted
Mixed
3 txns
Insider
Howe Richard K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 41,667 | $0.00 | -- |
| Exercise | Common Stock | 41,667 | $0.00 | -- |
| Tax Withholding | Common Stock | 19,411 | $2.55 | $49K |
Holdings After Transaction:
Restricted Stock Unit — 41,667 shares (Direct);
Common Stock — 545,803 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Issuer's Common Stock. The restricted stock units become vested 33.33% per year beginning on the first anniversary of the date of grant. Adjusted to reflect a 1-for-10 reverse stock split that occurred on June 10, 2025.
FAQ
What insider transactions did Inuvo (INUV) director Richard K. Howe report?
Richard K. Howe reported exercising 41,667 restricted stock units into common stock and disposing of 19,411 common shares to cover tax liabilities on March 1, 2026. These transactions relate to equity compensation, not open-market share purchases or sales.
How many Inuvo (INUV) restricted stock units did Richard K. Howe convert?
Richard K. Howe converted 41,667 restricted stock units into 41,667 shares of Inuvo common stock at a price of $0.00 per share. Each unit represented a contingent right to receive one share when vesting and settlement conditions were satisfied.
How do Inuvo (INUV) restricted stock units work for Richard K. Howe?
Each Inuvo restricted stock unit gives Howe a contingent right to receive one common share. The units vest 33.33% per year starting on the first anniversary of the grant date, and settlement into common stock occurs as those vesting conditions are met.