Charles Ursini - 29 Jul 2025 Form 4 Insider Report for System1, Inc. (SST)

Role
President & COO, Director
Signature
/s/ Daniel Weinrot, Attorney-in-Fact for Charles Ursini
Issuer symbol
SST
Transactions as of
29 Jul 2025
Transactions value $
$0
Form type
4
Filing time
31 Jul 2025, 18:18:32 UTC
Previous filing
03 Jul 2024
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Ursini Charles President & COO, Director 4235 REDWOOD AVENUE, LOS ANGELES /s/ Daniel Weinrot, Attorney-in-Fact for Charles Ursini 31 Jul 2025 0002018813

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SST Class A Common Stock Award $0 +338K +1125% $0.00 368K 29 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 The Reporting Person was granted 337,500 restricted stock units ("RSUs") in connection with his continued employment with System1, Inc. ("SST"). Each RSU represents the right to receive one share of SST Class A Common Stock upon vesting. Subject to the continued employment of Mr. Ursini through the applicable vesting date, one-third of the RSUs will vest on July 15, 2026, and the remaining two-thirds will vest in 8 substantially equal quarterly installments on each quarterly anniversary thereafter.
F2 Includes 337,500 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.