Form 4: Amesite Director Anthony M. Barkett Acquires 4,000 Restricted Stock Units

Director Anthony M. Barkett acquired 4,000 restricted stock units in Amesite Inc. as deferred compensation.

Summary

• On June 28, 2024, Anthony M. Barkett, a director of Amesite Inc. (AMST), acquired 4,000 restricted stock units (RSUs).
• These RSUs were issued as deferred stock units in lieu of cash compensation for services as a director.
• The number of deferred stock units was calculated based on the closing share price on the last day of the quarter.
• Each RSU represents a contingent right to receive one share of AMST common stock or the cash equivalent of such share.
• The RSUs or cash equivalent will be issued upon completion of service as a board member or upon a change in control.
• Following the transaction, Barkett beneficially owns 41,134 securities.
• The transaction was reported on July 2, 2024.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of stock units by a director is generally seen as a positive sign, indicating confidence in the company's future. However, it's a routine transaction.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future.

Future Outlook

The deferred stock units or cash equivalent will be issued to the reporting person upon completion of service as a member of the board of directors or, if earlier, a change in control.

Industry Context

This is a standard practice for compensating board members, aligning their interests with the long-term success of the company.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it aligns the director's interests with the company's performance.

Key Dates

Keywords

Amesite, AMST, Director, Barkett, Restricted Stock Units, RSU, Deferred Compensation, Beneficial Ownership, Form 4