Form 4: Zevia CEO Alexandre Ruberti Receives Equity Grant

Zevia PBC CEO Alexandre Ruberti was granted 1,013,133 restricted stock units as part of his appointment effective June 15, 2026.

Summary

• Alexandre Ruberti, the newly appointed President and CEO of Zevia PBC, received a grant of 1,013,133 restricted stock units (RSUs).
• The grant was issued under the Zevia PBC 2021 Equity Incentive Plan.
• The RSUs vest in equal 1/4 increments annually starting from the grant date of June 15, 2026.
• Following this transaction, Ruberti holds a total of 1,214,410 shares of Class A Common Stock, which includes 1,085,597 unvested RSUs.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting standard executive compensation practices upon a leadership transition.

Positives

• Alignment of executive interests with long-term shareholder value through multi-year RSU vesting schedules.
• Clear disclosure of executive compensation structure upon the appointment of a new CEO.

Negatives

• Significant equity issuance results in potential future dilution for existing shareholders.

Risks

• Potential for future share dilution upon the settlement of vested RSUs.
• Dependence on the new CEO's performance to drive company growth and stock price appreciation.

Future Outlook

The RSUs are subject to a four-year vesting schedule, indicating a long-term commitment by the CEO to the company's strategic objectives.

Management Comments

• The grant is explicitly linked to the Reporting Person's appointment as Chief Executive Officer.

Industry Context

StockSavvy.ai notes that equity-based compensation for incoming CEOs is standard practice in the consumer goods sector to ensure leadership retention and performance alignment.

Comparison to Industry Standards

• The use of a four-year vesting schedule is consistent with standard corporate governance practices for executive compensation in publicly traded companies.
• The grant size is commensurate with typical 'new hire' equity packages for CEOs of small-cap consumer beverage companies.

Management Changes

Stakeholder Impact

• Shareholders may experience minor dilution as RSUs vest and are converted into common stock.

Next Steps

• Vesting of 1/4 of the RSU grant on June 15, 2027.
• Settlement of vested RSUs into Class A Common Stock within 30 days of each vesting date.

Key Dates

Keywords

Zevia, ZVIA, CEO, Executive Compensation, Equity Incentive Plan, Form 4, Insider Transaction