Parmer George 4

What Happened

• Parmer George, a director of Amesite Inc. (AMST), had 41,322 restricted stock units (RSUs) convert into 41,322 shares on March 7, 2026 (reported as derivative exercise/conversion, code M). The same 41,322 shares were immediately disposed of at $0.00, which reflects withholding of shares to satisfy tax withholding rather than a cash sale. No cash proceeds were reported.

Key Details

• Transaction date: March 7, 2026; Form 4 filed March 10, 2026 (appears timely).
• Acquisition entry: 41,322 shares via exercise/conversion (price N/A).
• Disposal entry: 41,322 shares disposed at $0.00 (withholding for taxes/cashless settlement).
• Shares owned after the transaction: not disclosed in the provided excerpt (see full Form 4 for beneficial ownership totals).
• Footnotes: F1 — RSUs were granted March 7, 2025 and vested March 7, 2026. F2 — Each RSU represents a contingent right to one share of AMST common stock and/or the cash equivalent.
• Transaction type: derivative conversion of RSUs (code M); disposal consistent with tax withholding.

Context

• This was not an open‑market sale or a purchase: it reflects vested RSUs converting to shares with those shares withheld to cover taxes — a common, routine administrative transaction for equity compensation rather than a signal of buying or selling conviction.