Fidelis Insurance (NYSE: FIHL) director receives 6,517-share RSU equity grant
Rhea-AI Filing Summary
Iberg Cathleen Ann reported acquisition or exercise transactions in this Form 4 filing.
Fidelis Insurance Holdings Ltd director Cathleen Ann Iberg received an equity award of 6,517 common shares on a grant/award basis, with no cash paid per share. This award consists of 6,517 restricted share units subject to time-based vesting, each convertible into one common share upon vesting. Following this grant, she holds a total of 26,026 common shares and restricted share units directly, reflecting routine, compensation-related equity rather than an open‑market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,517 shares
Net Buy
1 txn
Insider
Iberg Cathleen Ann
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 6,517 | $0.00 | $0.00 |
Holdings After Transaction:
Common Shares — 26,026 shares (Direct)
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
Equity award size: 6,517 shares
Award price per share: $0.00 per share
Holdings after transaction: 26,026 shares
+1 more
4 metrics
Equity award size
6,517 shares
Grant/award acquisition of common shares
Award price per share
$0.00 per share
Compensation-related grant, no cash paid
Holdings after transaction
26,026 shares
Total common shares and RSUs directly held post-grant
RSUs granted
6,517 RSUs
Restricted share units subject to time-based vesting
Key Terms
restricted share units, RSUs, time-based vesting conditions, contingent right, +1 more
5 terms
RSUs financial
"Each RSU represents a contingent right to receive one common share upon vesting."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
time-based vesting conditions financial
"Includes 6,517 restricted share units ("RSUs") subject to time-based vesting conditions."
contingent right financial
"Each RSU represents a contingent right to receive one common share upon vesting."
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did FIHL director Cathleen Ann Iberg report in this Form 4?
Cathleen Ann Iberg reported receiving 6,517 Fidelis Insurance Holdings Ltd common shares as an equity grant. These are restricted share units that vest over time, increasing her direct equity-based interest to 26,026 common shares and RSUs combined after the award.
What are the terms of the 6,517 RSUs reported by FIHL’s director?
The 6,517 restricted share units are subject to time-based vesting conditions. Each RSU represents a contingent right to receive one common share upon vesting, meaning shares are delivered only if the vesting schedule requirements are satisfied over time.
Does this FIHL Form 4 filing indicate any use of a Rule 10b5-1 trading plan?
The Form 4 excerpt describes a grant of restricted share units and related vesting terms, but does not reference any Rule 10b5-1 trading plan. The reported transaction is characterized as a compensation-related equity award rather than a pre-planned trading program.