Form 4: Amesite Inc. Director George Parmer Acquires Restricted Stock Units in Lieu of Cash Compensation

Director George Parmer receives 4,959 restricted stock units (RSUs) from Amesite Inc. in lieu of cash compensation for board service.

Summary

• On March 31, 2025, George Parmer, a director of Amesite Inc., acquired 4,959 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 its cash equivalent.
• The deferred stock units or cash equivalent will be issued to Parmer upon completion of service as a board member or upon a change in control.
• Following the transaction, Parmer beneficially owns 46,621 derivative securities.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Positives

• The acquisition of RSUs by a director demonstrates alignment with shareholder interests.
• Using stock units in lieu of cash preserves cash for the company.

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 Form 4 filing is a routine disclosure related to insider transactions and is common for publicly traded companies. It provides transparency into the compensation structure and equity ownership of company directors.

Key Dates

Keywords

Amesite Inc., AMST, George Parmer, Director, Restricted Stock Units, RSU, Beneficial Ownership, Form 4, Deferred Stock Units, Compensation