FormFactor (FORM) grants 1,347 RSUs to outside director
Rhea-AI Filing Summary
Obregon-Jimenez Rebeca reported acquisition or exercise transactions in this Form 4 filing.
FORMFACTOR INC director Rebeca Obregon-Jimenez received a grant of 1,347 Restricted Stock Units. The award, approved by the board in April 2026, increases her direct holdings to 11,703 shares-equivalent. The RSUs vest monthly and become fully exercisable on the earlier of the 2027 Annual Meeting of Stockholders or May 15, 2027. Unvested units are forfeited if she ceases providing services, subject to the company’s Equity Grant Policy for Outside Directors and any applicable agreements.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,347 | $0.00 | $0.00 |
Footnotes (3)
- F1. The reporting person was granted restricted stock units ("RSUs") pursuant to a grant approved by the Board in April 2026.
- F2. If the reporting person ceases to provide services to the Issuer for any reason, all Restricted Stock Units that have not yet vested shall be forfeited without consideration except as provided in our Equity Grant Policy for Outside Directors and any other applicable agreements between the reporting person and Issuer.
- F3. RSUs vest monthly and become exercisable on the earlier of the 2027 Annual Meeting of Stockholders and May 15, 2027.
Key Figures
Key Terms
Restricted Stock Units financial
Equity Grant Policy for Outside Directors financial
Annual Meeting of Stockholders financial
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FAQ
What insider transaction did FORM director Rebeca Obregon-Jimenez report?
Rebeca Obregon-Jimenez reported receiving a grant of 1,347 Restricted Stock Units. These RSUs are a form of equity compensation from FORMFACTOR INC and increase her direct holdings to 11,703 shares-equivalent after the transaction.
What is the vesting schedule for the 1,347 FORM RSUs granted to Rebeca Obregon-Jimenez?
The 1,347 RSUs vest monthly and become exercisable on the earlier of the 2027 Annual Meeting of Stockholders or May 15, 2027. This creates a gradual vesting pattern leading up to that outside deadline.
What happens to unvested FORM RSUs if Rebeca Obregon-Jimenez stops serving the company?
If she ceases to provide services to FORMFACTOR INC, all unvested RSUs are forfeited without consideration, except as provided in the Equity Grant Policy for Outside Directors and any other applicable agreements with the company.
Was the RSU grant to Rebeca Obregon-Jimenez pre-approved by FORMFACTOR INC’s board?
Yes. The Form 4 notes that the Restricted Stock Units were granted pursuant to a grant approved by FORMFACTOR INC’s board of directors in April 2026, indicating this is a planned compensation award.