Form 4: Mobix Labs Executive Keyvan Samini Receives 2,550,000 Restricted Stock Awards

Keyvan Samini, President, CFO, and Director of Mobix Labs, Inc., reports acquisition of 2,550,000 shares of Class A Common Stock as Restricted Stock Awards.

Summary

• Keyvan Samini, President, CFO, and Director of Mobix Labs, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On May 5, 2025, Samini acquired 2,550,000 shares of Class A Common Stock as Restricted Stock Awards (RSAs) at $0.00 per share.
• These RSAs vest over a two-year period and can be accelerated if certain stock price thresholds are met.
• Samini also holds 73,529 Class A Common Stock shares through the KSLI Trust, 171,146 shares through the KSSF Trust, and 73,529 shares through the SSLI Trust, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
• The report corrects errors in a previous Form 4 filed on April 17, 2025, regarding the reporting of shares and options.
• Samini holds options to buy 323,529 shares of Class A Common Stock at an exercise price of $0.17, which are fully vested and exercisable.
• He also holds 333,333 Restricted Stock Units (RSUs) that convert to Class A Common Stock on a one-for-one basis and will vest on December 21, 2025.
• Additionally, Samini possesses 125,000 shares of Class B Common Stock convertible into Class A Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The grant of RSAs indicates confidence in the company's future, but it's a standard executive compensation practice. The correction of errors in previous filings is a positive sign of diligence.

Positives

• The grant of 2,550,000 Restricted Stock Awards to the President, CFO, and Director aligns his interests with the long-term success of the company.
• The vesting schedule of the RSAs, based on time and potentially stock price thresholds, incentivizes performance.
• Correction of errors in previous filings ensures accurate reporting of beneficial ownership.

Future Outlook

The Restricted Stock Awards vest over a two-year period and can be accelerated if certain stock price thresholds are met, suggesting a focus on future performance and stock value appreciation.

Management Comments

• The Reporting Person disclaims beneficial ownership of the securities held by this trust except to the extent of his respective pecuniary interest therein.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• Shareholders may view the grant of RSAs as a positive sign, aligning management's interests with the company's performance.
• Employees may see this as a sign of stability and potential growth.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Stock Awards, Options, Restricted Stock Units, Keyvan Samini, Mobix Labs, MOBX