805 RSUs granted to IDEX (NYSE: IEX) director Alejandro Quiroz
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quiroz Alejandro reported acquisition or exercise transactions in this Form 4 filing.
IDEX CORP director Alejandro Quiroz reported an equity award of 805 shares of common stock, received as a grant of restricted stock units (RSUs). Each RSU represents a right to receive one share of IDEX common stock if vesting conditions are met.
The RSUs vest in full on the earlier of May 6, 2027, or the date of the next annual stockholders meeting, provided that meeting occurs at least 50 weeks after the prior year’s meeting and Quiroz remains in continuous service through that date. Following this award, he directly holds 4,030 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Quiroz Alejandro
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 805 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK — 4,030 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU award size: 805 shares
Price per awarded share: $0.0000 per share
Shares held after transaction: 4,030 shares
+1 more
4 metrics
RSU award size
805 shares
Restricted stock unit grant to director on May 6, 2026
Price per awarded share
$0.0000 per share
Equity compensation grant, not open-market purchase
Shares held after transaction
4,030 shares
Total direct IDEX common stock holdings after RSU grant
RSU vesting date
May 6, 2027
Vests earlier of this date or next qualifying annual meeting
Key Terms
restricted stock units ("RSUs"), contingent right, vest in full, continuous service
4 terms
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
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"
continuous service financial
"subject to the Reporting Person's continuous service through such date."
FAQ
What insider transaction did IDEX (IEX) director Alejandro Quiroz report?
Director Alejandro Quiroz reported receiving an award of 805 restricted stock units in IDEX common stock. These RSUs are a form of equity compensation that convert into shares if vesting conditions are satisfied, aligning his interests with long-term company performance.
When do Alejandro Quiroz’s 805 IDEX RSUs vest?
The 805 RSUs vest in full on the earlier of May 6, 2027, or the date of IDEX’s next annual stockholders meeting held at least 50 weeks after the prior year’s meeting, subject to Quiroz’s continuous service through the applicable vesting date.
What does each restricted stock unit (RSU) represent for IDEX (IEX)?
Each RSU reported by Alejandro Quiroz represents a contingent right to receive one share of IDEX’s common stock. The units convert into actual shares only if the specified vesting conditions are met, tying the award to his ongoing service with the company.
Is Alejandro Quiroz’s IDEX RSU award an open-market purchase or compensation grant?
The transaction is a compensation grant, not an open-market purchase. The Form 4 uses transaction code “A” and describes it as a grant or award acquisition, with a price per share of $0.0000, indicating equity granted by the company rather than bought in the market.