Form 4: International Money Express Director Adam Godfrey Reports Acquisition of Restricted Stock Units

Adam Godfrey, a Director and 10% owner of International Money Express, Inc. (IMXI), reported the acquisition of 14,867 restricted stock units at $10.09 per share, vesting on June 20, 2026, or earlier.

Summary

• Adam Godfrey, a Director and 10% owner of International Money Express, Inc. (IMXI), acquired 14,867 shares of common stock.
• The transaction occurred on June 20, 2025, at a price of $10.09 per share.
• These shares are restricted stock units (RSUs) that will vest on the one-year anniversary of the grant date (June 20, 2026) or the day immediately prior to the annual meeting of stockholders following the grant date, subject to continued service as a director.
• Following this transaction, Mr. Godfrey directly beneficially owns 23,202 shares.
• He also indirectly beneficially owns 81,066 shares through RYALCO Partners, over which he has sole voting and dispositive power.
• Additionally, he indirectly beneficially owns 2,763 shares through the Constance P Godfrey Living POA Trust, over which he has shared voting and dispositive power.
• A Power of Attorney dated October 3, 2024, authorizes Robert Lisy, Robert Pargac, and Santiago Bravo to execute and file various SEC forms on behalf of Adam Godfrey.

Sentiment

Score: 7

Explanation: The acquisition of restricted stock units by a director is generally a positive signal, indicating alignment of interests and confidence in the company's future, although it is a compensation event rather than a direct investment decision.

Positives

• Director Adam Godfrey's acquisition of restricted stock units aligns his interests with shareholders, indicating confidence in the company's future performance.
• The grant of RSUs is a common form of executive compensation, incentivizing long-term commitment and retention of key personnel.

Future Outlook

The restricted stock units granted to Director Adam Godfrey are subject to a vesting schedule, with the earliest vesting occurring on June 20, 2026, or prior to the company's annual meeting following the grant date, contingent on his continued service as a director.

Industry Context

This Form 4 filing details a routine insider transaction related to director compensation, which is a standard practice across various industries to align the interests of company leadership with long-term shareholder value. It does not provide broader industry trends or competitive insights.

Corporate Governance

Related Party Transactions

• Adam Godfrey indirectly beneficially owns 81,066 shares of the issuer's common stock through RYALCO Partners, over which he has sole voting and dispositive power.
• Adam Godfrey indirectly beneficially owns 2,763 shares of the issuer's common stock through the Constance P Godfrey Living POA Trust, over which he has shared voting and dispositive power.

Stakeholder Impact

• Shareholders: The grant of RSUs to a director aligns management's interests with shareholders, potentially fostering long-term value creation and demonstrating confidence in the company's future.

Next Steps

• The restricted stock units are expected to vest on June 20, 2026, or earlier, contingent on Adam Godfrey's continued service as a director.
• Future SEC filings (Forms 3, 4, 5, Schedules 13D/G) related to Adam Godfrey's holdings will be filed by his appointed attorneys-in-fact.

Key Dates

Recommendation

Keywords

International Money Express, IMXI, Adam Godfrey, SEC Form 4, Restricted Stock Units, RSU, Insider Transaction, Director Compensation, Beneficial Ownership, Stock Acquisition, Corporate Governance, Power of Attorney