Transaction #4340 · Form 4 · 0000891839-25-000113
OpenWorld, Inc. · Exercise / conversion · Common Stock, par value $0.001 per share
OpenWorld, Inc. · Transacted November 2, 2025 · Filed November 4, 2025
What does this filing report?
An SEC Form 4 filing for OpenWorld, Inc. records an exercise / conversion involving Common Stock, par value $0.001 per share on November 2, 2025. The reported quantity was 13,334. The filing date is November 4, 2025. This is one transaction record; amounts are not allocated among any joint reporting owners.
The acquisition category describes how securities were received. It does not by itself establish a cash purchase of common stock. Read the transaction code definitionsand the original filing before interpreting the amounts.
Transaction details
- Company
- OpenWorld, Inc.
- Company CIK
- 0001104038
- Security type
- Non-derivative
- Acquisition type
- Exercise / conversion · Code M
- Quantity acquired
- 13,334
- Reported price
- 0 · See footnotes
- Reference value
- 0
- Currency
- Currency not specified
- Ownership
- Direct
- Holdings after transaction
- 70,114
- Ownership description
- Not reported
- SEC acceptance time
- Nov 4, 2025, 4:30 PM EST
- 10b5-1 indication
- Not indicated
Reference value is reported quantity × reported price. It is not a confirmed cash payment or an estimate of a derivative's economic value. A missing currency is not assumed to be USD.
Reporting owners
- Volk Fred III ↗
VP-Ops, PeriShip Global LLC
CIK 0001926084
These are the reporting owners named in the filing. Quantities and amounts are not allocated among co-reporters. Roles reflect this filing, not a current profile.
Company listings
This transaction is not mapped to a specific company listing.
Filing footnotes & remarks
- F1
- These restricted stock units ("RSUs") vested on 11/2/2025 and converted into common stock on a one-for-one basis.
- F2
- Shares withheld to cover tax withholdings obligations upon the vesting of RSUs.
- F3
- These RSUs vest on 1/1/2026, except as otherwise provided in the award notice.
- F4
- These RSUs vest in three tranches. Tranche 1 will vest 20,000 shares of common stock after the Reporting Person's continued employment on or after June 18, 2025 if the price of the Company's common stock increases to $2.21 per share and trades at or above that price for 20 consecutive trading days prior to June 18, 2027. Tranche 2 will vest 25,000 shares after the Reporting Person's continued employment on or after June 18, 2025 if the price of the Company's common stock increases to $2.94 per share and trades at or above that price for 20 consecutive trading days prior to June 18, 2027. Tranche 3 will vest 30,000 shares after the Reporting Person's continued employment on June 18, 2027 if the price of the Company's common stock increases to $3.68 per share and trades at or above that price for 20 consecutive trading days prior to June 18, 2027.
Footnotes are reproduced as plain text from the current source filing. For the full context, read the original SEC filing.
This record was updated Eastern Time. This is the stored record update time, not the transaction date. Report a correction.