Form 4: Data I/O Corp Director Receives Initial RSU Grant

Garrett Riley Larson, a director at Data I/O Corp, received an initial grant of 5,272 restricted stock units (RSUs).

Summary

• Garrett Riley Larson, a director of Data I/O Corp, was granted 5,272 restricted stock units (RSUs).
• The grant was made on January 23, 2025.
• The RSUs vest over the earlier of one year or the next Annual Meeting of Shareholders.
• The price of the RSUs was $2.91, which is the average of the high and low price for the day.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction of granting equity to a director, which is generally viewed positively as it aligns interests. There are no negative implications.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders.
• The vesting period encourages long-term commitment from the director.

Industry Context

This is a standard practice for compensating directors of publicly traded companies, aligning their interests with shareholders through equity-based compensation.

Comparison to Industry Standards

• RSU grants are a common form of compensation for directors in publicly traded companies.
• The vesting period of one year or the next Annual Meeting of Shareholders is typical for such grants.
• The valuation of the RSUs at the average of the high and low price for the day is a standard method.

Stakeholder Impact

• The RSU grant aligns the director's interests with those of the shareholders, potentially leading to better decision-making.

Key Dates

Keywords

RSU, Director, Stock Grant, Data I/O Corp, Equity Compensation, Garrett Riley Larson