Diodes Asia chief gets 18k RSUs, 18k PSUs
Diodes Incorporated officer Zhao Jin, President of Diodes Asia, reported new equity awards and related share movements.
Rhea-AI Filing Summary
Diodes Incorporated officer Zhao Jin, President of Diodes Asia, reported new equity awards and related share movements. Jin received 18,000 restricted stock units on 02/01/2026, which vest in four equal installments starting 02/01/2027, and 18,000 performance stock units tied to cumulative non-GAAP operating income of $243.495 million for 2026–2028, vesting in February 2029 if targets are met.
On 02/02/2026, 1,846 shares of common stock were automatically withheld at $60.66 per share to cover taxes on vesting units, and 525 shares were automatically sold at $59.19 per share due to a scheduled deferred compensation distribution. After these transactions, Jin directly held 49,980 common shares and 41,100 performance stock units.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Diodes Incorporated Common Stock | 1,846 | $60.66 | $112K |
| Sale | Diodes Incorporated Common Stock | 525 | $59.19 | $31K |
| Grant/Award | Diodes Incorporated Common Stock | 18,000 | $0.00 | $0.00 |
| Grant/Award | Diodes Incorporated Common Stock - Performance Stock Units | 18,000 | $0.00 | $0.00 |
Footnotes (8)
- F1. Restricted stock units vest in four equal installments beginning 02/01/2027.
- F2. Granted under Rule 16b-3 Plan.
- F3. Vested restricted stock unit shares were automatically withheld to cover income tax.
- F4. Restricted stock unit shares were automatically sold because the participant had a scheduled distribution in their Diodes Incorporated Deferred Compensation Plan.
- F5. The amount of securities beneficially owned was decreased by 1,575 due to scheduled deferred compensation distributions that were not reported on 2/1/2023, 2/1/2024, and 2/3/2025.
- F6. Each PSU represents a contingent right granted under the companys 2022 Equity Incentive Plan, a Rule 16b-3 Plan, to receive 1 share of Diodes Incorporated Common Stock.
- F7. The PSUs vest in February 2029 upon the achievement of the 3-year financial performance measure of cumulative non-GAAP operating income for 2026 through 2028 of $243.495 million (Target Performance).
- F8. This number represents the target number of PSUs (Target Award) that will vest if the Target Performance is achieved. There is a threshold that provides for payment of 50% of the Target Award upon 80% achievement of the Target Performance and a maximum that provides for payment of 200% of the Target Award upon 120% achievement of the Target Performances. Between 80% and 100% and between 100% and 120% achievement of Target Performance, the Target Award will be decreased or increased on a pro rata basis, with no payout below 80% achievement and payout limited to 200% of the Target Award if the Target Performance exceeds 120%.
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