SideChannel (SDCH) CFO receives 35,574 RSUs, now holds 69,704
Rhea-AI Filing Summary
SideChannel, Inc. Chief Financial Officer Ryan Polk reported compensation-related equity activity. On March 16, he received a grant of 35,574 restricted stock units (RSUs) at a reference price of $2.01 per share, which will vest in three equal annual installments each March.
On March 2, 25,745 RSUs vested; 10,602 shares of common stock were withheld to cover taxes, and 15,143 shares of common stock were issued to him, using a reference price of $2.20 per share. After these transactions, he directly beneficially owns 69,704 shares and RSUs in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 35,574 | $2.01 | $72K |
| Tax Withholding | Restricted Stock Unit | 25,745 | $2.20 | $57K |
| holding | Common Stock | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents the total amount of securities beneficially owned by the Reporting Person following the 1 for 52 reverse stock split, effective January 22, 2026. On March 2, 2026, 25,745 RSUs vested, 10,602 shares of common stock otherwise issuable pursuant to the vesting were withheld for the payment of taxes, resulting in the issuance of 15,143 shares of common stock to the Reporting Person. The closing price of the issuer's common stock on the transaction date. Represents the total amount of securities beneficially owned by the Reporting Person following the reported transactions above. Represents a 35,574 RSU award, one third of which shall vest on the first business day of each subsequent March, for the following three years.
FAQ
What insider transactions did SideChannel (SDCH) report for CFO Ryan Polk?
How many restricted stock units did SideChannel CFO Ryan Polk receive?
How were taxes handled on Ryan Polk’s vested RSUs at SideChannel (SDCH)?
What is Ryan Polk’s total SideChannel beneficial ownership after these Form 4 transactions?
Were the SideChannel (SDCH) insider transactions open-market buys or sales?
What prices were used in SideChannel CFO Ryan Polk’s reported equity transactions?