Director at Zevia (NYSE: ZVIA) awarded 29,505 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ginestro Suzanne Saltzman reported acquisition or exercise transactions in this Form 4 filing.
Zevia PBC director Suzanne Saltzman Ginestro received an equity award of 29,505 restricted stock units (RSUs) of Class A Common Stock. The grant was made at no cash cost to her and reflects stock-based compensation.
The 29,505 RSUs vest on the earlier of March 3, 2027 or Zevia’s 2026 annual meeting of stockholders, and are settled in shares within 30 days after vesting. Following this award, she holds 29,505 RSUs representing the right to receive an equal number of Class A shares if and when they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ginestro Suzanne Saltzman
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 29,505 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 29,505 shares (Direct)
Footnotes (1)
- Represents restricted stock units ("RSUs") granted under the Zevia PBC 2021 Equity Incentive Plan. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. The RSUs vest on the earlier to occur of (i) March 3, 2027 or (ii) the Issuer's 2026 annual meeting of stockholders and are settled within 30 days following such vesting date. Includes 29,505 RSUs. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. 29,505 RSUs vest on the earlier to occur of (i) March 3, 2027 or (ii) the Issuer's 2026 annual meeting of stockholders and are settled within 30 days following such vesting date.
FAQ
What insider transaction did Zevia PBC (ZVIA) report for Suzanne Saltzman Ginestro?
Zevia PBC reported that director Suzanne Saltzman Ginestro received a grant of 29,505 restricted stock units (RSUs). The RSUs are a stock-based compensation award, each representing the right to receive one share of Zevia Class A Common Stock upon vesting and settlement.
When do Suzanne Ginestro’s Zevia (ZVIA) RSUs vest and settle?
The 29,505 RSUs vest on the earlier of March 3, 2027 or Zevia’s 2026 annual meeting of stockholders. After vesting, the units are settled in Class A Common Stock within 30 days, delivering actual shares to the director as compensation.
Did Suzanne Ginestro buy or sell Zevia (ZVIA) stock in this Form 4 filing?
This filing reports an acquisition through a grant of restricted stock units, not an open-market buy or sell. The 29,505 RSUs were awarded at no cash price and will convert into Class A shares only if the vesting conditions are satisfied.
How many Zevia (ZVIA) RSUs does Suzanne Ginestro hold after this transaction?
After this grant, Suzanne Ginestro is reported to hold 29,505 restricted stock units. Each RSU represents the right to receive one share of Zevia Class A Common Stock if it vests and is settled under the 2021 Equity Incentive Plan’s terms.