Diodes SVP gets 18,000 RSUs and PSU award
Diodes Incorporated senior vice president of worldwide analog products Andy Tsong reported new equity grants and related tax withholding.
Rhea-AI Filing Summary
Diodes Incorporated senior vice president of worldwide analog products Andy Tsong reported new equity grants and related tax withholding. On 02/01/2026, he received 18,000 restricted stock units at $0, which vest in four equal installments beginning 02/01/2027, and a target award of 18,000 performance stock units under the 2022 Equity Incentive Plan. Each PSU represents one share of common stock and can pay out between 0% and 200% of the target award based on cumulative non-GAAP operating income for 2026–2028, with a target of $243.495 million and vesting in February 2029. On 02/02/2026, 1,541 shares of common stock were withheld at $60.66 per share to cover income taxes on vested units. After these transactions, Tsong directly holds 55,681 shares of common stock and 41,100 performance stock units.
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 | 1,541 | $60.66 | $93K |
| 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 (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) executive Andy Tsong receive on 02/01/2026?
How do the new restricted stock units for Diodes (DIOD) SVP Andy Tsong vest?
What performance target governs Andy Tsong’s new Diodes (DIOD) performance stock units?
What payout range is possible for Diodes (DIOD) performance stock units granted to Andy Tsong?
AI-generated analysis. How Rhea-AI works. Not financial advice.