American Bitcoin Corp Grants Director 49,304 Restricted Stock Units
American Bitcoin Corp. (NASDAQ: ABTC) has granted its director Michael Broukhim 49,304 restricted stock units (RSUs), each representing a contingent right to receive one share of Class A common stock.
The RSUs were awarded at no purchase price and will vest on the date of the 2027 Annual General Meeting. At that time, they can be settled in either Class A common stock or cash, or a combination of both.
This grant is significant for Broukhim as it represents potential future delivery of shares of American Bitcoin Corp. Class A common stock or cash, subject to vesting and the company's settlement choice.