PodcastOne (PODC) director settles 38,396 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PodcastOne, Inc. director Ramin Arani settled previously granted Restricted Stock Units into common shares as part of his board compensation. On March 31, 2026, he exercised 38,396 RSUs, receiving an equal number of common shares at a stated price of $0.00 per share.
These RSUs were granted as director fees for service from October 1, 2024 to September 30, 2025 and convert into common stock on a one-for-one basis. After the settlement, Arani directly owns 93,509 shares of PodcastOne common stock. The filing shows a routine compensation-related derivative exercise, not an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
38,396 shares exercised/converted
Mixed
2 txns
Insider
Arani Ramin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 38,396 | $0.00 | -- |
| Exercise | Common Stock, $0.00001 par value | 38,396 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock, $0.00001 par value — 93,509 shares (Direct)
Footnotes (1)
- Restricted Stock Units convert into the Issuer's common stock on a one-for-one basis. Represents vested Restricted Stock Units (the "RSUs") that were settled on the reported date, which RSUs were previously granted to the Reporting Person as director fees for service on the Issuer's board of directors for the period from October 1, 2024 to September 30, 2025. Each vested RSU was settled by the Issuer by delivery to the Reporting Person of one share of Issuer's common stock.
Key Figures
RSUs exercised: 38,396 units
Shares received from RSUs: 38,396 shares
Exercise price per share: $0.00 per share
+2 more
5 metrics
RSUs exercised
38,396 units
Restricted Stock Units converted to common stock on March 31, 2026
Shares received from RSUs
38,396 shares
Common Stock, $0.00001 par value, issued upon RSU settlement
Exercise price per share
$0.00 per share
Reported transaction price for RSU conversion on March 31, 2026
Post-transaction holdings
93,509 shares
Total PodcastOne common shares directly held after the RSU settlement
RSU service period
Oct 1, 2024 – Sep 30, 2025
Board service period for which RSUs were granted as director fees
Key Terms
Restricted Stock Units, derivative security, director fees
3 terms
Restricted Stock Units financial
"Represents vested Restricted Stock Units (the "RSUs") that were settled on the reported date"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
director fees financial
"previously granted to the Reporting Person as director fees for service on the Issuer's board"
FAQ
What did PodcastOne (PODC) director Ramin Arani report in this Form 4?
Director Ramin Arani reported exercising 38,396 Restricted Stock Units into 38,396 shares of PodcastOne common stock. The RSUs were part of his board compensation and settled at a stated price of $0.00 per share on March 31, 2026.
Was this PodcastOne (PODC) Form 4 an open-market buy or sell by the director?
The filing does not show any open-market buy or sell. It records a compensation-related event where 38,396 Restricted Stock Units vested and were converted into an equal number of common shares, with a reported exercise price of $0.00 per share.
What are the terms of the Restricted Stock Units reported for PodcastOne (PODC)?
The Restricted Stock Units convert into PodcastOne common stock on a one-for-one basis. They were previously granted as director fees for service from October 1, 2024 to September 30, 2025 and were settled in shares on March 31, 2026.
How many Restricted Stock Units did PodcastOne (PODC) director Arani exercise?
Ramin Arani exercised 38,396 Restricted Stock Units, which were fully settled in 38,396 shares of PodcastOne common stock. Each RSU converted into one share, consistent with the one-for-one conversion described in the accompanying footnote.