July 15, 2025 · Form 4 insider transaction
ARMSTRONG D GEOFFREY bought 123,558 shares of UONE/UONEK at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Represents an award of restricted stock, pursuant to Rule 16b-3, which will vest in two equal annual installments beginning July 15, 2026, and finally vesting in full July 15, 2027. The number of shares was determined by dividing $75,000 by the closing price of the Company's Class D shares on July 15, 2025. The closing price of the Class D shares on that date was $0.607; The total represents all shares held by the reporting person across all classes of Urban One, Inc. stock, Classes A, B, C, and D.