Form 4: Mobile Infrastructure Corp Director Granted Restricted Stock Units

Danica Holley, a Director at Mobile Infrastructure Corp (BEEP), was granted 10,219 restricted stock units (RSUs) on June 18, 2025, as part of her compensation.

Summary

• Danica Holley, a Director of Mobile Infrastructure Corp (BEEP), acquired 10,219 shares of Common Stock through a grant of restricted stock units (RSUs).
• The transaction date for this grant was June 18, 2025.
• The RSUs were granted at a price of $0, indicating they are part of a compensation package.
• These 10,219 RSUs will vest in full on the first anniversary of the grant date, contingent upon Ms. Holley's continued service as a director.
• Each RSU represents the contingent right to receive one share of Mobile Infrastructure Corp's common stock.
• Following this transaction, Ms. Holley beneficially owns 54,870 shares, which includes the newly granted 10,219 unvested RSUs.

Sentiment

Score: 6

Explanation: The sentiment is mildly positive as it indicates continued director commitment and aligns interests with shareholders, which is a standard and healthy corporate governance practice. There are no negative financial implications beyond minor, expected dilution.

Positives

• The grant of restricted stock units aligns the director's interests with those of the shareholders, as the value of her compensation is tied to the company's stock performance.
• It signifies the continued commitment of a director to the company, as vesting is subject to continued service.

Negatives

• The issuance of new shares upon vesting of RSUs could lead to minor dilution for existing shareholders, although the amount is relatively small in this instance.

Risks

• The vesting of the restricted stock units is subject to the Reporting Person's continued service as a director, meaning the shares are not guaranteed if service ceases before the vesting date.

Future Outlook

The restricted stock units are set to vest on the first anniversary of the grant date, contingent on the director's continued service, indicating a future equity distribution.

Industry Context

The grant of restricted stock units to a director is a common practice in corporate governance across various industries, used to compensate board members and align their long-term interests with company performance and shareholder value.

Comparison to Industry Standards

• Equity-based compensation, such as RSU grants, is a standard component of director compensation packages in publicly traded companies, including those in the infrastructure and real estate sectors like Mobile Infrastructure Corp.
• The practice of tying vesting to continued service is typical for such grants, ensuring ongoing commitment from board members.
• The specific number of units granted would typically be benchmarked against peer companies' director compensation structures, though this document does not provide comparative data.

Related Party Transactions

• The grant of restricted stock units to a director can be considered a related party transaction, as it involves compensation to a member of the company's board of directors.

Stakeholder Impact

• Shareholders: Potential for minor dilution upon vesting of RSUs, but also increased alignment of director's interests with shareholder value.
• Employees: No direct impact mentioned in this filing.
• Customers: No direct impact mentioned in this filing.
• Suppliers: No direct impact mentioned in this filing.
• Creditors: No direct impact mentioned in this filing.

Next Steps

• The 10,219 restricted stock units are expected to vest on June 18, 2026, provided Director Danica Holley continues her service.

Key Dates

Keywords

SEC Form 4, Restricted Stock Units, RSUs, Insider Transaction, Director Compensation, Equity Grant, Mobile Infrastructure Corp, BEEP, Beneficial Ownership