Adeia (ADEA) CLO gets stock awards and covers tax with shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Adeia Inc. Chief Legal Officer Kevin Tanji reported a mix of stock awards and tax-related share dispositions. On March 1, 2026, he had 32,614 and 57,473 shares of common stock withheld at $20.69 per share to cover tax obligations tied to vesting.
He also acquired 112,961 shares from performance stock units that vested after a three-year performance period, and 76,820 restricted stock units that vest in four equal annual installments. Following these transactions, he directly owned 412,255 shares of Adeia common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Tanji Kevin
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 32,614 | $20.69 | $675K |
| Grant/Award | Common Stock | 112,961 | $0.00 | -- |
| Tax Withholding | Common Stock | 57,473 | $20.69 | $1.19M |
| Grant/Award | Common Stock | 76,820 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 279,947 shares (Direct)
Footnotes (1)
- Shares were withheld to satisfy tax withholding obligations in connection with the release of shares subject to vesting. Includes 112,961 Performance Stock Units ("PSU") originally granted on March 1, 2023, which fully vested, following a three-year performance period ended February 28, 2026, on March 1, 2026 upon certification by the Compensation Committee of the Issuer of certain predetermined market performance criteria. Each PSU represents a contingent right to receive one share of the Issuer's common stock. Includes a grant of 76,820 restricted stock units that vest in four equal installments on the first, second, third and fourth anniversaries of the grant date.
FAQ
What insider transactions did Adeia (ADEA) report for Kevin Tanji?
Adeia reported that Chief Legal Officer Kevin Tanji had shares withheld to cover tax obligations and received vested performance stock units plus new restricted stock units, all in common stock, on March 1, 2026, as part of his equity compensation.
What stock awards did Adeia (ADEA) grant or release to Kevin Tanji?
Adeia reported that 112,961 performance stock units vested after a three-year performance period, converting into common shares, and 76,820 restricted stock units were granted to Kevin Tanji, vesting in four equal annual installments from the grant date.
What are the vesting terms of Kevin Tanji’s Adeia (ADEA) restricted stock units?
Adeia disclosed that Kevin Tanji’s 76,820 restricted stock units vest in four equal installments on the first, second, third, and fourth anniversaries of the grant date, subject to the standard conditions associated with such equity awards.