Form 4: Jay Krigsman Acquires LiveOne Stock Units

Director Jay Krigsman of LiveOne, Inc. received 28,946 Restricted Stock Units as compensation for board service.

Summary

• Jay Krigsman, a Director at LiveOne, Inc., was granted 28,946 Restricted Stock Units (RSUs) on March 2, 2026.
• These RSUs serve as compensation for his board service from October 1, 2024, to September 30, 2025.
• The RSUs vested on March 31, 2026.
• Each RSU represents a contingent right to receive one share of LiveOne's common stock or its cash equivalent.
• The form of payout (cash and/or stock) will be determined by the Board.
• Krigsman has the option to defer settlement of the RSUs up to five years from the vesting date or until he is no longer serving on the Board.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily details a standard director compensation grant rather than significant financial performance or strategic shifts.

Positives

• Director compensation in the form of equity aligns incentives with shareholders.
• Grant of RSUs indicates continued confidence in the company's future prospects by management.
• The ability to defer settlement provides flexibility for the director.

Negatives

• The filing does not provide specific financial performance data, making it difficult to assess the immediate impact on the company's financial health.
• The value of the RSUs is contingent on the future stock price and payout decision, introducing uncertainty.

Risks

• The value of the RSUs is subject to market fluctuations and the company's stock performance.
• The Board's discretion in determining the payout form (cash or stock) introduces an element of uncertainty for the recipient.
• Potential for future dilution if RSUs are settled in stock.

Future Outlook

The future outlook is not directly addressed in this filing, which focuses on a stock unit grant. The value of the units is dependent on the company's future performance and stock price.

Management Comments

• The RSUs were 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 RSU represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof.
• The Board, in its sole discretion, will determine in accordance with the terms and conditions of the Issuer's 2016 Equity Incentive Plan, as amended, the form of payout of the RSUs (cash and/or stock).
• The Reporting Person shall have the option to defer the settlement of the RSUs until the earlier of such time as the Reporting Person is no longer serving on the Board or up to five years from the vesting date.

Industry Context

StockSavvy.ai notes that the issuance of Restricted Stock Units (RSUs) as director compensation is a common practice across the media and entertainment industry, aiming to align executive interests with long-term shareholder value.

Related Party Transactions

• Grant of 28,946 Restricted Stock Units to Director Jay Krigsman as compensation for board service.

Stakeholder Impact

• Shareholders: Potential for slight dilution if RSUs are settled in stock; alignment of director incentives with shareholder value.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Next Steps

• Jay Krigsman may choose to defer settlement of his RSUs.
• The Board will determine the form of payout (cash and/or stock) for the RSUs.

Key Dates

Keywords

SEC Form 4, Jay Krigsman, LiveOne Inc, LVO, Restricted Stock Units, RSUs, Director Compensation, Equity Grant, Beneficial Ownership, Insider Trading