Frank R. Martire - 31 Jul 2025 Form 4 Insider Report for System1, Inc. (SST)

Role
Director
Signature
/s/ Frank Martire Jr.
Issuer symbol
SST
Transactions as of
31 Jul 2025
Net transactions value
$0
Form type
4
Filing time
05 Aug 2025, 19:47:11 UTC
Previous filing
03 Jan 2025
Next filing
03 Sep 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
MARTIRE FRANK R Director 4235 REDWOOD AVE, LOS ANGELES /s/ Frank Martire Jr. 04 Aug 2025 0001226913

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SST Class A Common Stock Award $0 +15,000 +56% $0.000000 41,575 31 Jul 2025 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of 15,000 restricted stock units ("RSUs) which convert into Class A Common Stock on a one-for-one basis, pursuant to the 2022 Incentive Award Plan of the Issuer in connection with Mr. Martire's continued service as a member of its Board of Directors as of the close of business on the date of its annual shareholder meeting. The RSUs vest in four (4) substantially equal quarterly installments on each of September 15, 2025, December 15, 2025, March 15, 2026 and June 15, 2026 as long Mr. Martire continues to serve as a Director of the Issuer through the applicable vesting dates.
F2 Includes 15,000 unvested RSUs.
F3 Represents the total number of shares held after the Issuer's completion of a 1-for-10 reverse stock split that occurred on June 11, 2025.