Diodes (DIOD) director receives 6,000-share restricted stock unit award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chen Button Angie reported acquisition or exercise transactions in this Form 4 filing.
Diodes Incorporated director Angie Chen Button received an equity award of 6,000 shares of common stock in the form of restricted stock units. The award was granted at no cash cost per share and is part of a compensation plan under Rule 16b-3.
The restricted stock units will vest in four equal installments beginning on May 26, 2027, meaning the shares are delivered over time as service continues. Following this grant, Chen Button directly holds a total of 20,040 shares of Diodes Incorporated common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chen Button Angie
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Diodes Incorporated Common Stock | 6,000 | $0.00 | -- |
Holdings After Transaction:
Diodes Incorporated Common Stock — 20,040 shares (Direct, null)
Footnotes (1)
- Restricted stock units vest in four equal installments beginning 05/26/2027. Granted under Rule 16b-3 Plan.
Key Figures
RSU grant size: 6,000 shares
Grant price per share: $0.00 per share
Holdings after transaction: 20,040 shares
+2 more
5 metrics
RSU grant size
6,000 shares
Restricted stock units granted to director on May 11, 2026
Grant price per share
$0.00 per share
Reported transaction price for the RSU award
Holdings after transaction
20,040 shares
Total Diodes common stock directly held after the grant
Vesting schedule
Four equal installments
RSUs vest beginning May 26, 2027
First vesting date
May 26, 2027
Initial vesting date for restricted stock units
Key Terms
Restricted stock units, Rule 16b-3 Plan, Form 4, Grant, award, or other acquisition, +1 more
5 terms
Restricted stock units financial
"Restricted stock units vest in four equal installments beginning 05/26/2027."
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.
Rule 16b-3 Plan regulatory
"Granted under Rule 16b-3 Plan."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
non-derivative financial
""transaction_type": "non-derivative""
FAQ
What insider transaction did Diodes (DIOD) director Angie Chen Button report?
Angie Chen Button reported receiving a grant of 6,000 restricted stock units of Diodes common stock. The units were awarded at no cash cost per share as part of an equity compensation plan, increasing her direct holdings to 20,040 shares after the grant.
How do the 6,000 Diodes (DIOD) restricted stock units vest for Angie Chen Button?
The 6,000 restricted stock units vest in four equal installments beginning May 26, 2027. This means the award is delivered over several scheduled dates, with a portion of the units converting into common shares at each installment as service conditions are met.
Was Angie Chen Button’s Diodes (DIOD) stock grant an open-market purchase?
No, the transaction was a grant or award, not an open-market purchase. The Form 4 uses transaction code A, indicating a compensation-related acquisition of shares at a stated price of $0.00 per share rather than a cash purchase on the open market.
Under what plan were Angie Chen Button’s Diodes (DIOD) restricted stock units granted?
The restricted stock units were granted under a Rule 16b-3 plan. Such plans are structured to comply with SEC rules governing insider transactions, typically covering equity compensation awards to directors and officers and providing certain exemptions from short-swing profit rules.