Director Jeffrey Owens at indie Semiconductor (INDI) exercises RSUs and receives new award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
indie Semiconductor director Jeffrey J. Owens reported routine equity compensation activity. On May 28, 2026, he exercised 59,932 restricted stock units into 59,932 shares of Class A common stock at a stated price of $0.00 per share, bringing his direct holdings to 223,005 Class A shares.
On the same date, he received a new grant of 37,454 restricted stock units under the non-employee director compensation policy. Each RSU represents one share of Class A common stock and will vest on the earlier of May 28, 2027 or the date of the 2027 Annual Shareholder Meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
59,932 shares exercised/converted
Mixed
3 txns
Insider
OWENS JEFFREY J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 37,454 | $0.00 | -- |
| Exercise | Restricted Stock Units | 59,932 | $0.00 | -- |
| Exercise | Class A Common Stock | 59,932 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 37,454 shares (Direct, null);
Class A Common Stock — 223,005 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Class A common stock. The restricted stock units are granted pursuant to the Issuer's non-employee director compensation policy. The restricted stock units vest on the earlier of May 28, 2027, or the date of the 2027 Annual Shareholder Meeting. The restricted stock units vested on May 28, 2026, the date of the Issuer's 2026 Annual Meeting.
Key Figures
RSUs exercised: 59,932 units
Shares after exercise: 223,005 shares
New RSU grant: 37,454 units
+3 more
6 metrics
RSUs exercised
59,932 units
Converted into Class A common stock on May 28, 2026
Shares after exercise
223,005 shares
Class A common stock held directly after transactions
New RSU grant
37,454 units
Granted under non-employee director compensation policy
RSU conversion price
$0.00 per unit
Stated price for RSU exercise and grant
New RSU vesting date
May 28, 2027
Or earlier, on date of 2027 Annual Shareholder Meeting
Vested RSUs
59,932 units
Units that vested on May 28, 2026, then converted to shares
Key Terms
Restricted Stock Units, non-employee director compensation policy, Annual Shareholder Meeting, Class A common stock
4 terms
Restricted Stock Units financial
"The restricted stock units vested on May 28, 2026, the date of the Issuer's 2026 Annual Meeting."
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.
non-employee director compensation policy financial
"The restricted stock units are granted pursuant to the Issuer's non-employee director compensation policy."
Class A common stock financial
"Each restricted stock unit represents a contingent right to receive one share of Class A common stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transactions did Jeffrey J. Owens report at indie Semiconductor (INDI)?
Jeffrey J. Owens reported exercising 59,932 restricted stock units into Class A common shares and receiving a new grant of 37,454 restricted stock units. Both actions occurred on May 28, 2026, and relate to his role as a non-employee director.
What was the size of the restricted stock unit grant to Jeffrey J. Owens at INDI?
Jeffrey J. Owens received a grant of 37,454 restricted stock units under indie Semiconductor’s non-employee director compensation policy. Each unit represents a contingent right to receive one share of Class A common stock, subject to the vesting schedule described in the filing.
When do Jeffrey J. Owens’ new restricted stock units at indie Semiconductor vest?
The 37,454 restricted stock units granted to Jeffrey J. Owens vest on the earlier of May 28, 2027, or the date of indie Semiconductor’s 2027 Annual Shareholder Meeting. Vesting timing is tied to his continued service as a non-employee director.
What happened to Jeffrey J. Owens’ previously outstanding restricted stock units at INDI?
Previously outstanding restricted stock units totaling 59,932 vested on May 28, 2026, coinciding with indie Semiconductor’s 2026 Annual Meeting. Those vested units were then exercised into 59,932 shares of Class A common stock, leaving no remaining balance from that earlier award.
Were Jeffrey J. Owens’ transactions in INDI stock open-market purchases or sales?
The reported transactions were not open-market trades. They reflect an exercise of 59,932 restricted stock units into Class A common stock and a grant of 37,454 new restricted stock units, both at a stated price of $0.00 per unit as part of director compensation.