Arlo Technologies (ARLO) director receives 14,931 RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arlo Technologies director Ralph E. Faison received an equity award of 14,931 restricted stock units (RSUs). The grant price is shown as $0.00 per share because it is a compensation award, not a market purchase. After this award, Faison directly holds 411,050 shares or equivalents. Each RSU converts into one share of common stock upon vesting, which will occur on the date of Arlo Technologies, Inc.’s 2027 annual meeting of stockholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Faison Ralph E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,931 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 411,050 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 14,931 RSUs
Grant price: $0.00 per share
Post-transaction holdings: 411,050 shares
+1 more
4 metrics
RSUs granted
14,931 RSUs
Grant of restricted stock units to director Ralph E. Faison
Grant price
$0.00 per share
Stated transaction price for RSU award
Post-transaction holdings
411,050 shares
Total direct common stock holdings after RSU grant
Vesting event
2027 annual meeting date
RSUs vest on date of 2027 annual stockholder meeting
Key Terms
restricted stock units ("RSUs"), 2018 Equity Incentive Plan, contingent right, annual meeting of stockholders
4 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted pursuant to the Issuer's 2018 Equity Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2018 Equity Incentive Plan financial
"Represents restricted stock units ("RSUs") granted pursuant to the Issuer's 2018 Equity Incentive Plan."
contingent right financial
"Each RSU represents the contingent right to receive one share of common stock upon vesting."
annual meeting of stockholders financial
"The RSUs will vest on the date of the 2027 annual meeting of stockholders of Arlo Technologies, Inc."
FAQ
What insider transaction did Arlo Technologies (ARLO) report for Ralph E. Faison?
Arlo Technologies reported that director Ralph E. Faison received 14,931 restricted stock units as an equity award. These units were granted at a stated price of $0.00 per share as part of his compensation, not through an open-market stock purchase.
What are the terms of the new RSU grant reported by Arlo Technologies (ARLO)?
The 14,931 restricted stock units were granted under Arlo’s 2018 Equity Incentive Plan. Each RSU represents the right to receive one share of common stock upon vesting, with all units scheduled to vest on the date of Arlo Technologies, Inc.’s 2027 annual meeting of stockholders.
Is Ralph E. Faison’s Arlo Technologies (ARLO) Form 4 a stock purchase or a compensation award?
The Form 4 reflects a compensation-related equity award, not a stock purchase. The transaction is coded as “A” for a grant or award acquisition, with 14,931 restricted stock units recorded at a transaction price of $0.00, consistent with a non-cash director compensation grant.
Under which plan were Ralph E. Faison’s Arlo Technologies (ARLO) RSUs granted?
Ralph E. Faison’s 14,931 restricted stock units were granted pursuant to Arlo Technologies, Inc.’s 2018 Equity Incentive Plan. The footnote specifies this plan and clarifies that each RSU converts into one share of common stock when vesting occurs at the 2027 annual meeting.