Director Brent Cox granted 437,301 RSUs at Technology, Inc. (MAPS)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Technology, Inc. director Brent Cox reported a grant of 437,301 restricted stock units (RSUs) of Class A Common Stock on February 1, 2026. The RSUs were acquired at $0 per share, increasing his directly held beneficial ownership to 438,301 Class A shares.
Each RSU represents the right to receive one share of Class A Common Stock. The award will vest in three equal annual installments on the dates of the next three annual stockholder meetings following the effectiveness of the grant, contingent on his continued service and subject to possible acceleration under the company’s 2021 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cox Brent
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 437,301 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 438,301 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did MAPS director Brent Cox report?
Brent Cox reported receiving 437,301 restricted stock units of Class A Common Stock on February 1, 2026. These RSUs were granted at no cash cost and increased his directly held beneficial ownership to 438,301 Class A shares after the award.
What are the vesting terms of Brent Cox’s 437,301 MAPS RSUs?
The 437,301 RSUs granted to Brent Cox vest in three equal annual installments. Vesting occurs on the dates of the next three annual meetings of stockholders after the grant becomes effective, assuming his continuous service and subject to potential acceleration provisions.
What does each MAPS RSU granted to Brent Cox represent?
Each restricted stock unit granted to Brent Cox represents a contingent right to receive one share of Technology, Inc.’s Class A Common Stock. Delivery of these shares depends on satisfaction of the vesting schedule and his continuous service under the 2021 Equity Incentive Plan.
Is Brent Cox’s MAPS RSU award tied to any specific company plan?
Yes. The RSU award is governed by Technology, Inc.’s 2021 Equity Incentive Plan. Continuous Service, as defined in that plan, is required for vesting, and the grant is also subject to potential acceleration consistent with the plan’s terms and conditions.
What is Brent Cox’s role at MAPS and how is it reflected here?
Brent Cox is a director of Technology, Inc., as indicated in the filing. The reported transaction shows equity-based compensation in the form of RSUs, aligning his interests with stockholders through a multi-year vesting schedule tied to future annual stockholder meetings.