Form 4: Amesite Inc. Director J. Michael Losh Acquires Shares Through Deferred Stock Units
SEC Form 4 Filing
Director J. Michael Losh acquired 5,992 restricted stock units (RSUs) of Amesite Inc. as deferred compensation for board service.
Summary
- J. Michael Losh, a director of Amesite Inc., acquired 5,992 restricted stock units (RSUs) on March 31, 2025.
- These RSUs were issued as deferred stock units in lieu of cash compensation for 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 deferred stock units or cash equivalent will be issued upon completion of service as a board member or upon a change in control.
- Following the transaction, J. Michael Losh indirectly owns 64,667 shares through the J. Michael Losh Irrevocable Qualified Annuity Trust #7.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. It reflects standard compensation practices and insider confidence, but doesn't contain any groundbreaking news.
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.
Stakeholder Impact
- The acquisition of shares by a director can positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of the transaction where J. Michael Losh acquired Restricted Stock Units. |
| 04/02/2025 | Date of the Form 4 filing. |
Keywords
Amesite Inc., AMST, Director, J. Michael Losh, Restricted Stock Units, RSU, Deferred Compensation, Beneficial Ownership, Form 4, SEC
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