Shimie Hortig (DOX) receives 84,483 restricted Amdocs shares in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hortig Shimie reported acquisition or exercise transactions in this Form 4 filing.
Amdocs Ltd director and officer Shimie Hortig received an equity grant as part of his compensation. On May 13, 2026, he was awarded 84,483 Amdocs ordinary shares at no purchase price, described as time-based restricted stock awards that vest over three years from the grant date.
After this grant, Hortig directly holds 181,696 ordinary shares. Because this is a share award rather than an open-market trade, it reflects routine equity compensation rather than a discretionary stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hortig Shimie
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 84,483 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 181,696 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 84,483 shares
Grant price per share: $0.00 per share
Shares after transaction: 181,696 shares
+2 more
5 metrics
Shares granted
84,483 shares
Time-based restricted stock awards granted on May 13, 2026
Grant price per share
$0.00 per share
Reported acquisition price for the restricted stock grant
Shares after transaction
181,696 shares
Total Amdocs ordinary shares directly held by Hortig after grant
Vesting period
3 years
Time-based vesting schedule for restricted stock awards from grant date
Transactions acquiring shares
1 acquisition
Single Form 4 equity grant coded as grant/award acquisition
Key Terms
time-based restricted stock awards, vest over 3 years, equity compensation, ordinary shares
4 terms
time-based restricted stock awards financial
"Represents a grant of time-based restricted stock awards which vest over 3 years from the grant date."
vest over 3 years financial
"time-based restricted stock awards which vest over 3 years from the grant date."
equity compensation financial
"he was awarded 84,483 Amdocs ordinary shares at no purchase price, described as time-based restricted stock awards"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
FAQ
What did Amdocs (DOX) director Shimie Hortig report in this Form 4 filing?
Shimie Hortig reported receiving a grant of 84,483 Amdocs ordinary shares as equity compensation. The shares are structured as time-based restricted stock awards that vest over three years, increasing his direct holdings to a total of 181,696 shares after the grant.
How do Shimie Hortig’s Amdocs (DOX) holdings change after this transaction?
Following the grant, Hortig directly owns 181,696 Amdocs ordinary shares. The Form 4 shows this as his total direct position after receiving the 84,483-share restricted stock award, giving investors a clearer view of his current equity stake in the company.
What are the vesting terms of Shimie Hortig’s new Amdocs (DOX) restricted stock awards?
The filing states the 84,483-share grant consists of time-based restricted stock awards. These awards vest over three years from the grant date, meaning the shares become fully owned by Hortig gradually, subject to his continued service and the company’s vesting schedule.