Form 4: Zevia Director Suzanne Ginestro Receives RSU Grant
Statement of Changes in Beneficial Ownership
Director Suzanne Ginestro was granted 72,464 restricted stock units as part of the Zevia PBC 2021 Equity Incentive Plan.
Summary
- Director Suzanne Ginestro acquired 72,464 restricted stock units (RSUs) on June 10, 2026.
- Each RSU represents the right to receive one share of Class A Common Stock.
- The total beneficial ownership for the director following this transaction is 101,969 shares.
- The RSUs are subject to a vesting schedule tied to the earlier of June 10, 2027, or the 2027 annual meeting of stockholders.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation, which is neutral in terms of immediate market impact.
Positives
- Alignment of director interests with long-term shareholder value through equity-based compensation.
Negatives
- Potential for future dilution of existing shareholders upon the settlement and issuance of the underlying Class A Common Stock.
Risks
- Vesting is contingent upon continued service as a director until the 2027 annual meeting or the specified date.
Future Outlook
The RSUs are scheduled to vest on the earlier of June 10, 2027, or the date of the 2027 annual meeting of stockholders, with settlement occurring within 30 days thereafter.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure board members maintain a vested interest in the company's long-term performance.
Comparison to Industry Standards
- The use of RSUs as a primary vehicle for director compensation is consistent with standard practices for publicly traded companies in the consumer goods sector.
Stakeholder Impact
- Shareholders may experience minor dilution upon the eventual conversion of RSUs into common stock.
Next Steps
- Vesting of RSUs on or before June 10, 2027.
- Settlement of vested RSUs into Class A Common Stock within 30 days of the vesting date.
Key Dates
| Date | Description |
|---|---|
| 06/10/2026 | Transaction date of RSU grant. |
| 06/12/2026 | Date of filing. |
| 06/10/2027 | Vesting date for the granted RSUs. |
Keywords
Zevia, ZVIA, Form 4, Insider Trading, Equity Incentive Plan, Director Compensation
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