Advanced Energy director awarded 587 RSUs
Minnix Lanesha reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Minnix Lanesha reported acquisition or exercise transactions in this Form 4 filing.
ADVANCED ENERGY INDUSTRIES INC director Lanesha Minnix received an annual grant of 587 restricted stock units on May 7, 2026 as the equity portion of the non-employee directors' retainer for Board services under the 2023 Amended and Restated Omnibus Incentive Plan.
The 587 restricted stock units correspond to 587 shares of common stock and were granted at no cash cost. They vest on the one-year anniversary of the grant date, contingent on her continued service as a director on that date. The units are not exercisable and do not have an expiration date.
Insider Trade Summary
Grant/Award: 587 shares
Grant/Award
1 txn
Insider
Minnix Lanesha
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 587 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 587 contracts (Direct)
Footnotes (2)
- F1. Represents an annual grant of restricted stock units to the reporting person on May 7, 2026 as the equity portion of the non-employee directors' retainer for Board services under the 2023 Amended and Restated Omnibus Incentive Plan. The restricted stock units vest on the one-year anniversary of the grant date contingent upon the reporting person's continued service as director upon such date.
- F2. Restricted stock units are not exercisable and do not have an expiration date.
Key Figures
RSUs granted: 587 units
Grant price per RSU: $0.00
Underlying common shares: 587 shares
+1 more
4 metrics
RSUs granted
587 units
Annual equity retainer grant on May 7, 2026
Grant price per RSU
$0.00
Equity award, no cash paid by director
Underlying common shares
587 shares
Common stock underlying restricted stock units
Holdings after grant
587 RSUs
Total restricted stock units following transaction
Key Terms
Restricted Stock Units, non-employee directors' retainer, 2023 Amended and Restated Omnibus Incentive Plan, vest, +1 more
5 terms
Restricted Stock Units financial
"Represents an annual grant of restricted stock units to the reporting person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
non-employee directors' retainer financial
"as the equity portion of the non-employee directors' retainer for Board services"
2023 Amended and Restated Omnibus Incentive Plan financial
"for Board services under the 2023 Amended and Restated Omnibus Incentive Plan"
vest financial
"The restricted stock units vest on the one-year anniversary of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
expiration date financial
"Restricted stock units are not exercisable and do not have an expiration date"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AEIS report for director Lanesha Minnix?
ADVANCED ENERGY INDUSTRIES INC reported an annual equity grant to director Lanesha Minnix of 587 restricted stock units on May 7, 2026. This award is part of her non-employee director retainer and represents compensation rather than an open-market stock purchase or sale.
How many restricted stock units were granted to the AEIS director?
The director received 587 restricted stock units, each corresponding to one share of common stock, at a grant price of $0.00 per unit. This grant reflects the equity portion of her Board service retainer under the company’s 2023 Amended and Restated Omnibus Incentive Plan.
When do Lanesha Minnix’s AEIS restricted stock units vest?
The 587 restricted stock units vest on the one-year anniversary of the May 7, 2026 grant date. Vesting is contingent upon her continued service as a director on that vesting date, aligning the compensation with ongoing Board responsibilities at Advanced Energy Industries.
Are the AEIS restricted stock units exercisable or subject to expiration?
The filing states that these restricted stock units are not exercisable and do not have an expiration date. Instead, they convert into common stock upon vesting, provided the director continues Board service through the one-year anniversary of the grant date.
Under which plan were the AEIS restricted stock units granted?
The 587 restricted stock units were granted under Advanced Energy’s 2023 Amended and Restated Omnibus Incentive Plan. This plan governs equity-based awards, and this grant represents the equity portion of the non-employee directors’ retainer for providing Board services to the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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