Form 4: Director Kristopher Wright Acquires LiveOne Stock

LiveOne, Inc. director Kristopher Wright acquired 20,040 shares of common stock through the settlement of vested Restricted Stock Units.

Summary

• Director Kristopher Wright acquired 20,040 shares of LiveOne, Inc. common stock on March 31, 2026.
• These shares were acquired through the settlement of vested Restricted Stock Units (RSUs).
• The RSUs were granted to Mr. Wright as director fees for his service on the board from October 1, 2024, to September 30, 2025.
• Each vested RSU converted into one share of the Issuer's common stock.
• Following this transaction, Mr. Wright beneficially owns 175,090 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports on routine director compensation settlement rather than significant operational or financial developments.

Positives

• Director compensation in the form of stock aligns management interests with shareholders.
• The settlement of RSUs indicates the fulfillment of prior compensation agreements.
• Kristopher Wright's continued beneficial ownership of 175,090 shares suggests ongoing commitment to the company.

Negatives

• The filing does not provide details on the market value of the acquired shares at the time of settlement.
• No information is provided regarding the company's financial performance or outlook in this filing.

Risks

• The value of the acquired shares is subject to market fluctuations and the company's future performance.
• Potential dilution to existing shareholders if a significant number of RSUs are settled across multiple directors.

Future Outlook

This filing is a statement of changes in beneficial ownership and does not contain forward-looking statements or guidance regarding the company's future financial performance.

Management Comments

• Restricted Stock Units convert into the Issuer's common stock on a one-for-one basis.
• Represents vested Restricted Stock Units (the "RSUs") that were settled on the reported date, which RSUs were previously granted to the Reporting Person as director fees for service on the Issuer's board of directors for the period from October 1, 2024 to September 30, 2025. Each vested RSU was settled by the Issuer by delivery to the Reporting Person of one share of Issuer's common stock.

Industry Context

StockSavvy.ai notes that the settlement of Restricted Stock Units for director compensation is a common practice across the media and entertainment industry, aligning director incentives with shareholder value.

Related Party Transactions

• The acquisition of shares by Kristopher Wright represents a transaction between the company and a related party (director) for compensation purposes.

Stakeholder Impact

• Shareholders: The acquisition is a non-cash compensation event and does not directly impact shareholder equity unless the RSUs were issued at a discount or represent a significant portion of outstanding shares. The continued ownership by a director may be viewed positively.
• Employees: No direct impact.
• Creditors: No direct impact.
• Suppliers: No direct impact.

Next Steps

• The reporting person, Kristopher Wright, will continue to hold the acquired shares, subject to market conditions and company performance.
• Future filings will reflect any further changes in beneficial ownership.

Key Dates

Keywords

Form 4, SEC Filing, LiveOne Inc, LVO, Kristopher Wright, Director, Restricted Stock Units, RSUs, Stock Acquisition, Beneficial Ownership, Insider Trading