Form 4: Ryvyl Inc. Director Ben Errez Reports Acquisition of Common Stock

Ben Errez, a director at Ryvyl Inc., reports acquiring additional shares of common stock as part of his monthly compensation.

Summary

• On January 30, 2025, Ben Errez acquired 3,816 shares of Ryvyl Inc. common stock at a price of $1.31 per share as part of his monthly director compensation.
• These shares were granted under the company's 2023 Equity Incentive Plan and will vest on July 29, 2025; the issuance occurred on February 18, 2025.
• On February 15, 2025, Errez acquired an additional 3,968 shares at $1.26 per share, also as part of his monthly compensation.
• These shares were granted under the same plan and will vest on August 14, 2025.
• Following these transactions, Errez directly owns 2,033,598 shares of Ryvyl Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports routine stock acquisitions by a director as part of their compensation.

Positives

• The director's acquisition of shares demonstrates confidence in the company.
• The equity incentive plan aligns director compensation with company performance.

Industry Context

This filing is a routine disclosure related to insider transactions and is common for publicly traded companies.

Stakeholder Impact

• The increased ownership by a director could be viewed positively by shareholders.

Key Dates

Keywords

Form 4, Beneficial Ownership, Director Compensation, Equity Incentive Plan, Common Stock, RYVYL Inc., RVYL, Ben Errez