Form 4: AudioEye Director James B. Hawkins Reports Acquisition of Common Stock and Restricted Stock Units

Director James B. Hawkins reports acquiring common stock and restricted stock units in AudioEye, Inc.

Summary

• On March 3, 2025, James B. Hawkins, a director of AudioEye, Inc., acquired 215 shares of common stock and 1,270 restricted stock units (RSUs).
• The 215 RSUs were granted under the 2020 Equity Incentive Plan as a prorated quarterly equity award to non-employee directors and vested immediately.
• These RSUs will be settled on the earlier of the third anniversary of the grant date, immediately prior to a change in control (but no later than 90 days following the change), or the calendar year following the year of death.
• The 1,270 RSUs were granted under the 2020 Plan as a prorated annual equity award to non-employee directors.
• These RSUs will vest on the earlier of one year following the grant date or immediately prior to the next annual meeting of stockholders, provided the director's service has not terminated.
• These vested RSUs will be settled on the earlier of the seventh anniversary of the grant date, immediately prior to a change in control (but no later than 90 days following the change), or the calendar year following the year of death.
• Following these transactions, Hawkins beneficially owns 97,182 shares of AudioEye, Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard SEC filing reporting a director's acquisition of stock and RSUs. While insider buying can be seen as positive, this is a routine grant of equity compensation.

Positives

• The acquisition of shares and RSUs by a director could be interpreted as a positive signal regarding the director's confidence in the company's future prospects.

Future Outlook

The settlement of the RSUs is contingent upon future events such as the anniversary of the grant date, a change in control, or the director's death.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's sentiment about the company's stock.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment if viewed as a sign of confidence from a company director.

Key Dates