Veritone (VERI) CEO Ryan Steelberg awarded 443,333 RSUs of common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Steelberg Ryan reported acquisition or exercise transactions in this Form 4 filing.
Veritone, Inc. President and CEO Ryan Steelberg received a grant of 443,333 restricted stock units (RSUs) of Veritone common stock. The RSUs vest in three equal installments on January 1, 2027, January 1, 2028 and January 1, 2029, subject to his continuous service.
After this award, Steelberg directly holds 1,275,868 shares of Veritone common stock. He also has indirect ownership of 581,474 shares through The RSS Living Trust dated April 6, 2012 and 2,003,349 shares through RVH, LLC, a limited liability company he manages.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Steelberg Ryan
Role
PRESIDENT AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 443,333 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,275,868 shares (Direct);
Common Stock — 581,474 shares (Indirect, The RSS Living Trust, dated April 6, 2012)
Footnotes (1)
- Consists of RSUs representing the right to receive shares of the issuer's common stock upon vesting. One-third of the RSUs vest on each of January 1, 2027, January 1, 2028 and January 1, 2029, subject to the reporting person's continuous service with the issuer on each date. Reporting person is the trustee of The RSS Living Trust dated April 6, 2012 and, as such, reporting person may be deemed a beneficial owner of such shares. Reporting person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein. Shares are held by RVH, LLC, a limited liability company. Reporting person is the sole manager and member of RVH, LLC.
FAQ
What did Veritone (VERI) CEO Ryan Steelberg report in this Form 4?
Ryan Steelberg reported receiving 443,333 RSUs of Veritone common stock. These restricted stock units were granted at no cost and represent a significant equity-based compensation award, aligning the CEO’s interests with shareholders through future share ownership as the RSUs vest over time.
How do the new RSUs for Veritone (VERI) CEO vest over time?
The 443,333 RSUs vest in three equal annual installments. One-third of the units vest on January 1, 2027, another third on January 1, 2028, and the final third on January 1, 2029, contingent on Ryan Steelberg’s continuous service with Veritone.
What indirect Veritone (VERI) holdings are associated with Ryan Steelberg?
Indirectly, holdings include 581,474 shares via The RSS Living Trust and 2,003,349 shares via RVH, LLC. Steelberg is trustee of the trust and sole manager and member of RVH, LLC, though he disclaims beneficial ownership of trust shares beyond his pecuniary interest.
Does the Veritone (VERI) Form 4 show any stock sales by Ryan Steelberg?
No stock sales are reported; the filing reflects an equity grant. The only transactional entry is an acquisition of 443,333 RSUs. Other line items simply update direct and indirect holdings, without indicating any dispositions or open‑market sales of Veritone common stock.