Dexcom (NASDAQ: DXCM) director awarded 7,061 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Osterloh Albert Frederick IV reported acquisition or exercise transactions in this Form 4 filing.
DexCom, Inc. director Albert Frederick Osterloh IV reported receiving a grant of 7,061 restricted stock units of common stock. The award was made at a stated price of $0.00 per share and represents a contingent right to receive 7,061 DexCom common shares.
The restricted stock units vest in three equal annual installments from the grant date, meaning one‑third of the units is scheduled to vest each year over three years, subject to the grant’s terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Osterloh Albert Frederick IV
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,061 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,061 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did DexCom (DXCM) report for Albert Frederick Osterloh IV?
DexCom reported that director Albert Frederick Osterloh IV received a grant of 7,061 restricted stock units of common stock. These units were awarded at a stated price of $0.00 per share and give a contingent right to receive DexCom common shares.
How many DexCom (DXCM) restricted stock units were granted in this Form 4?
The Form 4 shows a grant of 7,061 restricted stock units of DexCom common stock. Each unit represents a contingent right to receive one share of common stock, subject to the vesting schedule described in the filing’s footnote.
What is the vesting schedule for the 7,061 DexCom (DXCM) restricted stock units?
The 7,061 restricted stock units vest in three equal annual installments from the grant date. One‑third of the units is scheduled to vest each year over three years, assuming the conditions of the grant continue to be satisfied.
Does the DexCom (DXCM) director pay for the 7,061 restricted stock units?
The filing reports a transaction price of $0.00 per share for the 7,061 restricted stock units. This indicates the director did not pay cash consideration per share for the award, which is typical for equity compensation grants to directors or executives.
What does each DexCom (DXCM) restricted stock unit in this grant represent?
Each restricted stock unit in this grant represents a contingent right to receive one share of DexCom common stock. Actual shares are delivered only upon vesting of the units according to the three‑year annual installment schedule disclosed in the Form 4 footnote.
Is the 7,061-unit DexCom (DXCM) award a direct or indirect holding?
The Form 4 classifies the 7,061 restricted stock units as a direct holding, indicated by the ownership code and direct-or-indirect flag. After this grant, the total reported common stock-equivalent holdings following the transaction are 7,061 units.