Form 4: Amesite Inc. Director Richard Ogawa Reports Acquisition of Deferred Stock Units

Director Richard Ogawa acquired 5,381 deferred stock units in Amesite Inc. in lieu of cash compensation for board service.

Summary

• On March 28, 2024, Richard Ogawa, a director of Amesite Inc., acquired 5,381 restricted stock units (RSUs) as deferred stock units in lieu of cash compensation 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.
• Each RSU represents a contingent right to receive one share of AMST common stock or the cash equivalent of such share.
• These deferred stock units or their cash equivalent will be issued upon completion of service as a board member or, if earlier, a change in control.
• Following the transaction, Ogawa beneficially owns 37,134 securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction disclosure. The acquisition of stock units by a director is generally viewed as a positive, but it's not a major event.

Positives

• The acquisition of stock units 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 filing is a routine disclosure related to executive compensation and aligns with standard practices for publicly traded companies.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it indicates a director's alignment with the company's success.

Key Dates

Keywords

Amesite Inc., Richard Ogawa, Director, Restricted Stock Units, Deferred Stock Units, AMST, Compensation, Beneficial Ownership