eToro (NASDAQ: ETOR) director gets 9,270-share RSU compensation grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SHALEV EDDY reported acquisition or exercise transactions in this Form 4 filing.
eToro Group Ltd. director Eddy Shalev received an equity award in the form of restricted stock units (RSUs). The grant covers 9,270 Class A common shares at no purchase price, reflecting stock-based compensation rather than an open-market transaction.
The RSUs vest over three years, subject to his continued service. According to the disclosure, 50% of the units vest on August 28, 2026, 25% vest on August 28, 2027, and the remaining 25% vest on August 28, 2028. After this grant, Shalev holds 9,270 Class A common shares directly from this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SHALEV EDDY
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common shares | 9,270 | $0.00 | -- |
Holdings After Transaction:
Class A common shares — 9,270 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 9,270 shares
Transaction price: $0.0000 per share
Post-transaction holdings: 9,270 shares
+3 more
6 metrics
RSU grant size
9,270 shares
Class A common shares underlying RSUs granted to director
Transaction price
$0.0000 per share
Equity compensation, no cash paid for RSU grant
Post-transaction holdings
9,270 shares
Total Class A common shares reported following RSU grant
First vesting tranche
50%
Vests on August 28, 2026
Second vesting tranche
25%
Vests on August 28, 2027
Third vesting tranche
25%
Vests on August 28, 2028
Key Terms
restricted stock units ("RSUs"), vest, Class A common shares
3 terms
restricted stock units ("RSUs") financial
"The Reporting Person was granted restricted stock units ("RSUs"), each of which represents a contingent right to receive one Class A common shares"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vest financial
"The RSUs vest over a period of three years: 50% vest on August 28,2026, 25% vest on August 28, 2027 and 25% vest on August 28, 2028"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did eToro (ETOR) director Eddy Shalev receive in this Form 4 filing?
Eddy Shalev received a grant of 9,270 restricted stock units (RSUs) tied to eToro Class A common shares. These RSUs are stock-based compensation, not an open-market purchase, and each unit represents the right to receive one share if and when it vests.
What is the vesting schedule for Eddy Shalev’s eToro (ETOR) RSUs?
The RSUs vest over three years: 50% vest on August 28, 2026, 25% on August 28, 2027, and 25% on August 28, 2028. Vesting requires Shalev to continue providing service to eToro or its subsidiaries through each respective vesting date.
Did Eddy Shalev pay anything for the eToro (ETOR) RSU grant?
No cash was paid for this RSU grant; the transaction price per share is reported as 0.0000. The award represents equity-based compensation granted by eToro, not a purchase of shares on the open market by Shalev.