AvidXchange Director Receives $19K Stock Grant in Board Compensation Move
AvidXchange Holdings director Sonali Sambhus received a grant of 18,916 restricted stock units (RSUs) on June 26, 2025.
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Rhea-AI Filing Summary
AvidXchange Holdings director Sonali Sambhus received a grant of 18,916 restricted stock units (RSUs) on June 26, 2025. Following this transaction, Sambhus directly owns 61,213 shares of common stock.
The RSUs were granted at $0.00 and will vest on either:
- The first anniversary of the grant date, or
- The next annual stockholder meeting
Vesting is contingent on Sambhus maintaining continuous service on the board of directors. Each RSU represents the right to receive one share of common stock upon vesting. The transaction was reported via Form 4 filing and executed by Ryan Stahl as attorney-in-fact for Sambhus.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,916 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted stock units ("RSUs") which will vest on the first to occur of (A) the first anniversary of the date of grant or (B) the next occurring annual meeting of the Issuer's stockholders, subject to the Reporting Person's continuous service on the board of directors of the Issuer through such vesting date. Each RSU represents a contingent right to receive one share of common stock of the Issuer and the RSUs have no expiration date.
FAQ
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How many AVDX restricted stock units (RSUs) did Sonali Sambhus receive on June 26, 2025?
What is the vesting schedule for AVDX director Sonali Sambhus's new RSUs?
What is Sonali Sambhus's role at AVDX according to the Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.