Form 4: DATA I/O Director Waszak Receives RSU Grant
Insider Transaction Report
DATA I/O Corp. Director Steven M. Waszak was granted 7,950 restricted stock units at a price of $2.7915 per share.
Summary
- Steven M. Waszak, a Director of DATA I/O Corp. (DAIO), acquired 7,950 shares of common stock.
- The transaction occurred on December 3, 2025, and was an acquisition of Restricted Stock Units (RSUs).
- The RSUs were granted at a price of $2.7915 per share, which represents the average of the high and low for the day.
- These RSUs will vest over the earlier of one year or the date of the next Annual Meeting of Shareholders.
- This grant represents an initial RSU grant to Mr. Waszak as a new Director.
Sentiment
Score: 6
Explanation: The filing reports a routine insider transaction involving an RSU grant to a new director, which is a standard practice to align interests. This is generally viewed as neutral to slightly positive.
Positives
- The grant of Restricted Stock Units to Director Steven M. Waszak aligns his interests with those of the shareholders, as the value of his compensation is tied to the company's stock performance.
Future Outlook
The Restricted Stock Units granted to Director Steven M. Waszak are scheduled to vest over the earlier of one year or the next Annual Meeting of Shareholders, indicating future ownership and alignment of interests.
Management Comments
- The RSU grant is an initial grant to a new Director.
Industry Context
The grant of Restricted Stock Units to a director is a common form of executive and director compensation in publicly traded companies, designed to incentivize long-term performance and align leadership interests with shareholder value.
Comparison to Industry Standards
- The RSU grant to a new director is consistent with standard compensation practices observed in the technology sector and among companies of similar market capitalization, aiming to attract and retain qualified board members.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Director | Not specified | Steven M. Waszak | Not specified in this filing, but prior to 12/03/2025 | Newly appointed director, as indicated by an 'Initial RSU Grant'. |
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation Policy | Grant of 7,950 Restricted Stock Units to new Director Steven M. Waszak as part of the company's compensation structure. | 12/03/2025 | Aligns director's financial interests with long-term shareholder value through equity ownership. |
Stakeholder Impact
- Shareholders: The RSU grant aligns the director's incentives with shareholder interests, potentially leading to more shareholder-focused decision-making.
Next Steps
- The Restricted Stock Units will vest over the earlier of one year or the next Annual Meeting of Shareholders.
Key Dates
| Date | Description |
|---|---|
| 12/03/2025 | Date of transaction for the acquisition of Restricted Stock Units by Steven M. Waszak. |
| 12/04/2025 | Date the Form 4 was signed by Charles J. DiBona under Power of Attorney for Steven M. Waszak. |
Keywords
DATA I/O, DAIO, Steven M. Waszak, Form 4, SEC filing, Restricted Stock Units, RSU grant, Director compensation, Insider transaction
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