LiveOne (LVO) grants 20,040 restricted stock units to director Wright
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wright Kristopher reported acquisition or exercise transactions in this Form 4 filing.
LiveOne, Inc. director Kristopher Wright received a grant of 20,040 restricted stock units as board fees for service from October 1, 2024 to September 30, 2025. These RSUs vest on March 31, 2026, subject to his continued board service.
Each RSU represents a right to receive one share of common stock or its cash value, with the board deciding the payout form under the company’s 2016 Equity Incentive Plan. Wright may defer settlement until he leaves the board or up to five years after vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wright Kristopher
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 20,040 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 20,040 shares (Direct)
Footnotes (1)
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FAQ
What did LiveOne (LVO) director Kristopher Wright receive in this Form 4?
Kristopher Wright received a grant of 20,040 restricted stock units as compensation for serving on LiveOne’s board. The award is a stock-based compensation grant, not an open-market purchase or sale, and reflects standard director fee practices tied to continued service.
When do Kristopher Wright’s 20,040 LiveOne (LVO) RSUs vest?
The 20,040 restricted stock units vest on March 31, 2026, provided Wright continues serving on the board through that date. Vesting links the compensation to ongoing board service, aligning director incentives with the company’s longer-term performance and governance continuity.
How will the 20,040 RSUs for LiveOne (LVO) director Wright be settled?
Each RSU represents a right to receive one share of LiveOne common stock or its cash value. The board, under the 2016 Equity Incentive Plan, decides whether settlement occurs in cash, stock, or a combination, giving flexibility in how compensation is ultimately delivered.
Can the LiveOne (LVO) RSU award to Kristopher Wright be deferred?
Yes. Wright may defer settlement of his restricted stock units until he is no longer on the board or up to five years after the vesting date. This deferral flexibility can affect when he actually receives shares or cash from the award for tax or planning purposes.
Is this LiveOne (LVO) Form 4 a stock purchase or sale by Kristopher Wright?
No. The Form 4 reports a grant of 20,040 restricted stock units as director fees, coded as an acquisition by award (A). It does not reflect an open-market stock purchase or sale, but rather equity-based compensation for his board service during a defined period.
What period of service does Kristopher Wright’s LiveOne (LVO) RSU grant cover?
The restricted stock units were granted as director fees for service on LiveOne’s board from October 1, 2024 to September 30, 2025. This ties the equity compensation specifically to that twelve-month board service period rather than to a single meeting or short-term engagement.