Diodes CTO granted RSUs and PSUs tied to targets
Diodes Incorporated Chief Technology Officer Francis Tang reported new equity awards and a tax-related share withholding.
Rhea-AI Filing Summary
Diodes Incorporated Chief Technology Officer Francis Tang reported new equity awards and a tax-related share withholding. On 02/01/2026, he received 13,000 shares of Diodes Incorporated common stock as restricted stock units at $0 per share, bringing his direct holdings to 101,616 shares. These restricted stock units vest in four equal installments beginning 02/01/2027.
On the same date, he was granted 13,000 performance stock units under the company’s 2022 Equity Incentive Plan, increasing his performance stock unit holdings to 37,200. Each performance stock unit represents a contingent right to receive one share of common stock and vests in February 2029 if a three-year cumulative non-GAAP operating income target of $243.495 million for 2026–2028 is met. The plan pays 50% of the target award at 80% of the target, up to 200% at 120% of the target, on a pro rata basis within that range.
On 02/02/2026, 2,068 vested restricted stock unit shares of common stock were automatically withheld at $60.66 per share to cover income tax, leaving Tang with 99,548 directly held common shares.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Diodes Incorporated Common Stock | 2,068 | $60.66 | $125K |
| Grant/Award | Diodes Incorporated Common Stock | 13,000 | $0.00 | $0.00 |
| Grant/Award | Diodes Incorporated Common Stock - Performance Stock Units | 13,000 | $0.00 | $0.00 |
Footnotes (6)
- 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. 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.
- F5. 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).
- F6. 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%.
FAQ
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What equity awards did Diodes (DIOD) CTO Francis Tang receive in February 2026?
How do the performance stock units granted to Diodes (DIOD) CTO Francis Tang vest?
What financial performance target is tied to Diodes (DIOD) CTO Francis Tang’s performance stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.