SideChannel (SDCH) CEO receives 53,361 RSUs and adds common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SideChannel, Inc. Chief Executive Officer Brian Wayne Haugli reported compensation-related equity activity. On March 16, 2026, he received a grant of 53,361 restricted stock units (RSUs) valued at $2.01 per unit. According to the filing, this award vests in three equal annual installments on the first business day of each March over the next three years.
The footnotes state that on March 2, 2026, 38,084 RSUs vested, with 13,372 shares of common stock withheld to cover taxes and 24,712 shares of common stock issued to him. Following these transactions and a previously effected 1-for-52 reverse stock split, he beneficially owns 1,732,114 shares of common stock and 104,554 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Haugli Brian Wayne
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 53,361 | $2.01 | $107K |
| Tax Withholding | Restricted Stock Unit | 38,084 | $2.20 | $84K |
| holding | Common Stock | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 104,554 shares (Direct);
Common Stock — 1,707,402 shares (Direct)
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, 38,084 RSUs vested, 13,372 shares of common stock otherwise issuable pursuant to the vesting were withheld for the payment of taxes, resulting in the issuance of 24,712 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 53,361 RSU award, one third of which shall vest on the first business day of each subsequent March, for the following three years.
FAQ
What did SideChannel (SDCH) CEO Brian Haugli report in this Form 4?
SideChannel CEO Brian Haugli reported a new grant of 53,361 restricted stock units and the vesting of earlier RSUs. Some shares were withheld to pay taxes, and additional common shares were issued to him as part of his equity compensation.
How many RSUs were granted to the SideChannel (SDCH) CEO and how do they vest?
Brian Haugli received 53,361 restricted stock units valued at $2.01 each. One third of this RSU award vests on the first business day of each March for three years, creating a staggered vesting schedule tied to continued service.
What happened when SideChannel (SDCH) RSUs vested on March 2, 2026?
On March 2, 2026, 38,084 RSUs vested for Brian Haugli. Of the resulting shares, 13,372 were withheld to pay taxes, and 24,712 shares of common stock were issued to him, reflecting a standard equity compensation and tax-withholding process.
Did SideChannel (SDCH) disclose a reverse stock split affecting the CEO’s holdings?
Yes. A footnote explains that the total securities beneficially owned reflect a 1-for-52 reverse stock split effective January 22, 2026. This corporate action consolidated existing shares into fewer shares at a higher per-share price.