Director at AngloGold Ashanti (NYSE: AU) awarded 1,580 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cleaver Bruce Alan reported acquisition or exercise transactions in this Form 4 filing.
AngloGold Ashanti PLC director Cleaver Bruce Alan received a grant of 1,580 restricted stock units. These units were awarded at a stated price of $0.00 per unit as equity compensation. Following this grant, he holds a total of 1,580 restricted stock units directly.
Each restricted stock unit represents a contingent right to receive one Ordinary Share when it vests. According to the terms, the units will vest only if Cleaver continues in service through the applicable vesting dates, at which time all restrictions on the vested shares will lapse.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cleaver Bruce Alan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 1,580 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 1,580 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 1,580 units
Grant price per unit: $0.00 per unit
RSUs held after grant: 1,580 units
3 metrics
RSUs granted
1,580 units
Restricted Stock Unit grant on 2026-05-11
Grant price per unit
$0.00 per unit
Stated transaction price for RSU award
RSUs held after grant
1,580 units
Total restricted stock units directly owned post-transaction
Key Terms
Restricted Stock Unit, contingent right, vesting, Ordinary Share
4 terms
Restricted Stock Unit financial
"Each restricted share unit represents a contingent right to receive one Ordinary Share upon vesting"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
contingent right financial
"represents a contingent right to receive one Ordinary Share upon vesting"
vesting financial
"upon vesting, at which time all restrictions on the vested shares will lapse"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did AngloGold Ashanti (AU) report for Cleaver Bruce Alan?
AngloGold Ashanti reported that director Cleaver Bruce Alan received a grant of 1,580 restricted stock units. These units are equity compensation and were issued at a stated price of $0.00 per unit, increasing his directly held restricted units to 1,580.
How many AngloGold Ashanti (AU) restricted stock units did the director receive?
The director received 1,580 restricted stock units. This entire amount is treated as a grant or award, and after this transaction, he directly holds 1,580 restricted stock units according to the filing’s post-transaction ownership figure.
What does each AngloGold Ashanti (AU) restricted stock unit represent in this Form 4?
Each restricted stock unit represents a contingent right to receive one Ordinary Share. The right becomes effective only upon vesting, and once vested, all restrictions on the corresponding Ordinary Shares will lapse under the terms described.
What conditions apply to the AngloGold Ashanti (AU) restricted stock units granted to the director?
The restricted stock units require continued service of the director through each applicable vesting date. If this condition is met, the units will vest and convert into Ordinary Shares, and all restrictions tied to those vested shares will cease to apply.
Is the AngloGold Ashanti (AU) director’s ownership from this grant direct or indirect?
The filing classifies the director’s ownership of these restricted stock units as direct. The post-transaction total of 1,580 restricted stock units is reported under direct ownership, with no separate entity or indirect holding structure referenced in this transaction.