Manpreet Uppal, a former director of GridAI Technologies Corp., filed a Form 4 on October 28, 2026, disclosing the acquisition of 20,000 restricted stock units that vested immediately prior to his resignation from the company's Board of Directors on October 19, 2026.

Key Highlights

  • RSU grant: Manpreet Uppal acquired 20,000 restricted stock units on October 19, 2026, at a price of $0.00, under GridAI Technologies Corp.'s 2020 Omnibus Equity Incentive Plan, as amended.
  • Vesting: According to the filing, the restricted stock units vested in full on the date of grant, immediately prior to Uppal's resignation from the Board of Directors.
  • Resignation effective date: The filing states the resignation from the Board of Directors was effective October 19, 2026.
  • Post-transaction ownership: Following the reported transaction, Uppal beneficially owned 60,000 shares of common stock directly.
  • Reporting person's status: Uppal is identified in the filing as a former director of the issuer, trading on NASDAQ:GRDX.
  • RSU structure: The filing notes that each restricted stock unit represents the right to receive one share of common stock.

GridAI Technologies RSU Grant to Manpreet Uppal on Board Departure

According to the Form 4 filed with the SEC on October 28, 2026, Manpreet Uppal received a grant of 20,000 restricted stock units from GridAI Technologies Corp. (NASDAQ:GRDX) on October 19, 2026. The filing identifies the transaction code as "A," indicating an acquisition, and lists the price per unit as $0.00. The units were granted under the issuer's 2020 Omnibus Equity Incentive Plan, as amended.

The filing's explanation of responses states that the restricted stock units were granted "in recognition of service on the Board of Directors" and that they "vested in full on the date of grant, immediately prior to the Reporting Person's resignation from the Board of Directors effective October 19, 2026." Each restricted stock unit, according to the filing, represents the right to receive one share of common stock.

Following the reported transaction, the filing discloses that Uppal directly beneficially owned 60,000 shares of GridAI Technologies Corp. common stock. The form was filed by one reporting person and signed by Manpreet Uppal on October 28, 2026. No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

Manpreet Uppal, former director of GridAI Technologies Corp., disclosed an acquisition of 20,000 restricted stock units at $0.00, which vested in full on October 19, 2026, coinciding with his resignation from the board, bringing his direct beneficial ownership to 60,000 shares.