Director at IDEX (NYSE: IEX) receives 805 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Watts Stanfield Paris reported acquisition or exercise transactions in this Form 4 filing.
IDEX CORP director Stanfield Paris Watts received an equity award of 805 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of IDEX common stock. Following this grant, the director holds 4,195 shares of common stock.
The RSUs vest in full on the earlier of May 6, 2027, or the date of IDEX’s next annual stockholders meeting, if that meeting occurs at least 50 weeks after the prior year’s meeting. Vesting is conditioned on the director’s continuous service through the vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Watts Stanfield Paris
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 805 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK — 4,195 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 805 units
Price per share: $0.0000 per share
Shares after transaction: 4,195 shares
+2 more
5 metrics
RSUs granted
805 units
Equity award to director on May 6, 2026
Price per share
$0.0000 per share
Reported grant price for RSU-related common stock
Shares after transaction
4,195 shares
Director’s direct common stock holdings following grant
RSU vesting date
May 6, 2027
Latest potential vesting date for the RSUs
Alternate vest trigger
Next annual meeting
If held at least 50 weeks after prior year’s meeting
Key Terms
restricted stock units, contingent right, vest in full, annual stockholders meeting, +1 more
5 terms
restricted stock units financial
"Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock."
vest in full financial
"These RSUs vest in full on the earlier of May 6, 2027, and the date of the Issuer's next annual stockholders meeting"
annual stockholders meeting financial
"on the earlier of May 6, 2027, and the date of the Issuer's next annual stockholders meeting"
continuous service financial
"subject to the Reporting Person's continuous service through such date."
FAQ
What insider transaction did IDEX (IEX) report for director Stanfield Paris Watts?
IDEX reported that director Stanfield Paris Watts received 805 restricted stock units as an equity award. These RSUs are compensation, not an open-market share purchase, and increase his direct common stock holdings to 4,195 shares after the grant.
How many RSUs were granted in the latest IDEX (IEX) Form 4 filing?
The filing shows a grant of 805 restricted stock units to the reporting director. Each RSU represents a contingent right to receive one share of IDEX common stock, subject to meeting the specified vesting conditions described in the disclosure.
When do the newly granted IDEX (IEX) RSUs vest for the director?
The RSUs vest in full on the earlier of May 6, 2027, or the date of IDEX’s next annual stockholders meeting, provided that meeting is at least 50 weeks after the prior year’s meeting and the director remains in continuous service until that vesting date.
Is the IDEX (IEX) director’s RSU grant an open-market stock purchase?
No, the RSU grant is a compensation award, not an open-market purchase. The director receives 805 restricted stock units at no cash cost per share, which may convert into common stock if the vesting conditions are satisfied over time.
What does each IDEX (IEX) restricted stock unit represent in this Form 4?
Each restricted stock unit represents a contingent right to receive one share of IDEX common stock. Delivery of those shares depends on the RSUs vesting, which requires the director’s continuous service through the specified vesting date described in the grant terms.