Form 4: Sonendo Director Carolyn Beaver Receives 200,000 Restricted Stock Units

Director Carolyn Beaver of Sonendo, Inc. was granted 200,000 Restricted Stock Units (RSUs) on September 17, 2024, which will vest within one year or at the 2025 annual meeting.

Summary

• Carolyn Beaver, a director of Sonendo, Inc., received 200,000 Restricted Stock Units (RSUs) on September 17, 2024.
• Each RSU represents the right to receive one share of Sonendo's common stock.
• The RSUs will vest in full on the earlier of the one-year anniversary of the grant date or the date of the 2025 annual meeting of stockholders, contingent upon Beaver's continued service on the Board.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. The sentiment is neutral to positive.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders, incentivizing continued service and contribution to the company's success.

Future Outlook

The vesting of the RSUs is contingent upon the director's continued service, suggesting an expectation of ongoing involvement and contribution to the company.

Industry Context

Grants of restricted stock units are a common form of executive compensation in publicly traded companies, aligning management's interests with those of shareholders.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it aligns the director's interests with the company's long-term performance.

Key Dates

Keywords

RSU, Restricted Stock Units, Director, Sonendo, Beneficial Ownership, Form 4, Securities