Form 4: Sonendo Director Anthony P. Bihl III Awarded 200,000 Restricted Stock Units

Director Anthony P. Bihl III of Sonendo, Inc. [SONX] received 200,000 Restricted Stock Units (RSUs) on September 17, 2024.

Summary

• On September 17, 2024, Anthony P. Bihl III, a director of Sonendo, Inc. [SONX], was granted 200,000 Restricted Stock Units (RSUs).
• These RSUs represent a contingent right to receive one share of Sonendo common stock per unit.
• The RSUs will vest in full on the earlier of (i) the one-year anniversary of the grant date (September 17, 2025) or (ii) the date of the 2025 annual meeting of stockholders, contingent upon Bihl's continued service on the Board.

Sentiment

Score: 7

Explanation: The document reflects a standard equity compensation practice, which is generally viewed neutrally to positively as it aligns management and shareholder interests.

Positives

• The grant of RSUs to a director aligns their interests with those of the shareholders, incentivizing them to work towards the company's success.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the RSUs.

Industry Context

The granting of RSUs to directors is a common practice in publicly traded companies to align their interests with those of shareholders and incentivize long-term value creation.

Key Dates

Keywords

RSU, Restricted Stock Units, Director, Form 4, Beneficial Ownership, Sonendo, SONX, Equity Compensation