Form 4: Amesite Director Parmer Receives Equity Compensation

Amesite Inc. Director George Parmer was granted 3,934 restricted stock units as deferred compensation for his board services.

Summary

• George Parmer, a Director of Amesite Inc. (AMST), reported a change in beneficial ownership.
• On September 30, 2025, Parmer acquired 3,934 Restricted Stock Units (RSUs).
• These RSUs were issued as 'deferred stock units' in lieu of cash compensation for his 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 its cash equivalent.
• The deferred stock units or cash equivalent will be issued to Parmer upon completion of his service as a board member or, if earlier, a change in control.
• Following this transaction, Parmer beneficially owns 55,016 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive as a director receiving equity compensation aligns their interests with shareholders, which is generally viewed favorably. However, it's a routine disclosure and not a significant catalyst for the company's outlook.

Positives

• Director George Parmer's receipt of equity compensation aligns his interests with those of shareholders.
• The issuance of RSUs as deferred compensation demonstrates a commitment to long-term value creation for directors.

Risks

• The value of the restricted stock units is subject to the future performance of Amesite Inc.'s common stock.
• The vesting of these units is contingent on continued service as a director or a change in control, introducing a time-based risk.

Future Outlook

The restricted stock units are scheduled to be issued to the reporting person upon the completion of their service as a member of the board of directors or, if earlier, upon a change in control of the company.

Management Comments

• The reported securities were issued as 'deferred stock units' in lieu of cash compensation earned for services as a director.
• The number of deferred stock units received was calculated based on the closing share price on the last day of the quarter.

Industry Context

The practice of compensating directors with equity, such as restricted stock units, is a common corporate governance strategy across various industries. It aims to align the interests of board members with those of long-term shareholders by tying a portion of their compensation to the company's stock performance.

Comparison to Industry Standards

• The issuance of RSUs as deferred compensation for director services is a standard practice in publicly traded companies, particularly in the technology and education technology sectors where Amesite operates.
• Comparable companies often use similar equity-based compensation structures to attract and retain experienced board members, ensuring their commitment to the company's strategic goals and shareholder value.

Stakeholder Impact

• Shareholders: The equity compensation aligns the director's financial interests with shareholder value creation.
• Director George Parmer: Receives deferred compensation in the form of equity, tying his personal wealth to the company's performance.

Next Steps

• The restricted stock units will vest and be issued upon George Parmer's completion of service as a director or an earlier change in control of Amesite Inc.

Key Dates

Keywords

Amesite Inc., AMST, George Parmer, Restricted Stock Units, RSUs, Director Compensation, Equity Compensation, SEC Form 4, Insider Transaction, Beneficial Ownership