Director at Diodes (DIOD) receives 3,000 restricted stock units as award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bull Elizabeth reported acquisition or exercise transactions in this Form 4 filing.
Diodes Incorporated director Elizabeth Bull received a grant of 3,000 shares of Diodes Incorporated Common Stock as restricted stock units at no purchase price. These units vest in four equal installments beginning on May 26, 2027. After this award, she directly holds 12,000 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bull Elizabeth
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Diodes Incorporated Common Stock | 3,000 | $0.00 | -- |
Holdings After Transaction:
Diodes Incorporated Common Stock — 12,000 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
Restricted stock units granted: 3,000 shares
Grant price per share: $0.0000 per share
Shares held after transaction: 12,000 shares
+1 more
4 metrics
Restricted stock units granted
3,000 shares
Non-derivative equity award to director on May 11, 2026
Grant price per share
$0.0000 per share
Indicates non-cash compensation award
Shares held after transaction
12,000 shares
Total direct holdings following the grant
Vesting start date
May 26, 2027
Restricted stock units vest in four equal installments
Key Terms
Restricted stock units, Rule 16b-3 Plan, Diodes Incorporated Common Stock, Grant, award, or other acquisition
4 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."
Diodes Incorporated Common Stock financial
"security_title: Diodes Incorporated Common Stock"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Diodes (DIOD) disclose for Elizabeth Bull?
Diodes disclosed that director Elizabeth Bull received 3,000 restricted stock units of common stock as a grant. The award was reported as a non-cash acquisition under code A, reflecting compensation rather than an open-market share purchase or sale.
At what price were Elizabeth Bull’s Diodes (DIOD) restricted stock units granted?
The 3,000 restricted stock units were granted at a price of $0.0000 per share, indicating they were an equity compensation award. This means Bull did not pay cash for the shares; they were issued as part of a company compensation plan.
When will Elizabeth Bull’s Diodes (DIOD) restricted stock units vest?
The restricted stock units vest in four equal installments beginning May 26, 2027. This means portions of the 3,000-unit award will become fully owned over time, subject to the vesting schedule and any continued service or other plan conditions.
Under what plan were the Diodes (DIOD) restricted stock units granted to Elizabeth Bull?
The award was granted under a Rule 16b-3 Plan, as noted in the footnotes. Such plans are structured to comply with SEC Rule 16b-3, which governs how insiders receive equity compensation while addressing short-swing profit rules.