Form 4: One Stop Systems Director Gregory W. Matz Reports Acquisition of 21,000 Restricted Stock Units

Director Gregory W. Matz reports the acquisition of 21,000 restricted stock units in One Stop Systems, Inc.

Summary

• On July 1, 2024, Gregory W. Matz, a director of One Stop Systems, Inc., acquired 21,000 shares of common stock in the form of restricted stock units.
• These restricted stock units were granted under the Issuer's 2017 Equity Incentive Plan, as amended, in connection with Matz's service as a director.
• The price of the acquired stock was $0.
• Following the transaction, Matz beneficially owns 53,930 shares of common stock, including 21,000 unvested restricted stock units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The granting of restricted stock units to a director is a common practice and indicates alignment of interests. There are no explicit negative indicators.

Positives

• The acquisition of restricted stock units by a director signals confidence in the company's future performance.
• The equity incentive plan aligns the director's interests with those of the shareholders.

Risks

• The unvested restricted stock units are subject to vesting conditions, which could be affected by the director's continued service and the company's performance.

Future Outlook

NA

Industry Context

This type of equity grant to a board member is a common practice to align the board member's incentives with the long term success of the company.

Comparison to Industry Standards

• Equity compensation for board members is a standard practice across the industry.
• Companies like NVIDIA, AMD, and Intel also use stock options and restricted stock units to compensate their directors.
• The amount of equity granted varies depending on the company's size, performance, and industry.

Stakeholder Impact

• The granting of restricted stock units to a director can positively impact shareholders by aligning the director's interests with the company's long-term success.
• Employees may view this as a positive sign of the company's commitment to its leadership.

Key Dates