Fidelis Insurance (NYSE: FIHL) director receives 6,517 restricted share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fidelis Insurance Holdings Ltd director equity grant: Director Collis Charles Grant Ross received an award of 6,517 common shares in the form of restricted share units at a price of $0.00 per share as compensation. These RSUs are subject to time-based vesting, and each unit converts into one common share upon vesting. Following this award, Ross directly holds 11,948 common shares, reflecting a routine, non‑market equity compensation grant rather than an open‑market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Collis Charles Grant Ross
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 6,517 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 11,948 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 6,517 shares
Grant price: $0.00 per share
Total shares after grant: 11,948 shares
3 metrics
RSU grant size
6,517 shares
Restricted share units awarded to director
Grant price
$0.00 per share
Equity compensation, not market purchase
Total shares after grant
11,948 shares
Director’s direct holdings following transaction
Key Terms
restricted share units, time-based vesting conditions, contingent right, Form 4
4 terms
time-based vesting conditions financial
"RSUs subject to time-based vesting conditions."
contingent right financial
"Each RSU represents a contingent right to receive one common share upon vesting."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Fidelis Insurance (FIHL) report in this Form 4?
Fidelis Insurance reported that director Collis Charles Grant Ross received 6,517 restricted share units as an equity award. The grant is compensation-based, carries a $0.00 grant price, and increases his direct common share holdings to 11,948 after the transaction.
Was the Fidelis Insurance (FIHL) Form 4 transaction a market purchase or sale?
The transaction was not a market trade. It was a grant of 6,517 restricted share units at $0.00 per share as compensation. No open-market buying or selling occurred, making this a routine equity award rather than a discretionary investment decision.
How do the 6,517 RSUs granted to the FIHL director work?
The 6,517 RSUs represent a contingent right to receive one Fidelis common share per unit. They are subject to time-based vesting conditions, meaning the director receives actual shares only as the vesting schedule is satisfied over time.
What are the director’s total FIHL holdings after this Form 4 transaction?
After receiving the 6,517 restricted share units, director Collis Charles Grant Ross directly holds 11,948 Fidelis common shares. This total reflects his post-transaction position and includes the newly awarded units as described in the filing footnote.
Does the Fidelis Insurance (FIHL) RSU grant affect cash for the director or company?
The RSU grant itself involves no cash payment by the director, with a grant price of $0.00 per share. It represents non-cash equity compensation, delivering future shares upon vesting under the specified time-based conditions in the award.