Director at Fidelis Insurance (FIHL) receives 6,517 restricted share units
Rhea-AI Filing Summary
Dandridge Christine Elaine reported acquisition or exercise transactions in this Form 4 filing.
Fidelis Insurance Holdings Ltd director Christine Elaine Dandridge received an equity grant of 6,517 common shares as a stock award. The Form 4 shows these are restricted share units subject to time-based vesting, with each unit deliverable as one common share when it vests and no cash purchase price. Following this grant, Dandridge’s direct holdings reported in the filing total 19,618 common shares, reflecting a routine compensation-related award rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 6,517 | $0.00 | $0.00 |
Footnotes (1)
- F1. Includes 6,517 restricted share units ("RSUs") subject to time-based vesting conditions. Each RSU represents a contingent right to receive one common share upon vesting.
Key Figures
Key Terms
time-based vesting conditions financial
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FAQ
What insider transaction did Fidelis Insurance (FIHL) report for Christine Dandridge?
The company reported that director Christine Elaine Dandridge received 6,517 common shares as an equity grant. These are restricted share units that convert into common shares upon vesting, reflecting routine stock-based compensation rather than an open-market share purchase.
What are the terms of the 6,517 RSUs granted by Fidelis Insurance (FIHL)?
The 6,517 instruments are restricted share units subject to time-based vesting conditions. Each RSU represents a contingent right to receive one common share when vesting occurs, aligning the director’s compensation with long-term company performance instead of providing immediate unrestricted shares.