Form 4: Amesite Inc. Director J. Michael Losh Acquires Restricted Stock Units

Director J. Michael Losh acquired 3,053 restricted stock units in Amesite Inc. as deferred compensation.

Summary

• On December 31, 2024, J. Michael Losh, a director of Amesite Inc., acquired 3,053 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 RSUs 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 RSUs or cash equivalent will be issued upon completion of service as a board member or a change in control.
• Following the transaction, J. Michael Losh indirectly owns 58,675 derivative securities through the J. Michael Losh Irrevocable Qualified Annuity Trust #7.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction of director compensation. No significant positive or negative implications are immediately apparent.

Positives

• The acquisition of RSUs by a director can be seen as a positive sign, indicating 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 those of the shareholders.

Comparison to Industry Standards

• Director compensation packages often include a mix of cash and equity.
• Granting restricted stock units is a common method to incentivize directors and align their interests with long-term shareholder value.
• The specific number of RSUs granted would typically be benchmarked against peer companies and industry standards for board compensation.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning the director's interests with the company's long-term success.

Key Dates

Keywords

Amesite Inc., AMST, Director, J. Michael Losh, Restricted Stock Units, RSU, Deferred Compensation, Beneficial Ownership, Form 4