indie Semiconductor director awarded 6,148 RSUs
indie Semiconductor director David J. Aldrich reported equity compensation and a related share issuance.
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Rhea-AI Filing Summary
indie Semiconductor director David J. Aldrich reported equity compensation and a related share issuance. On March 1, 2026, he received a grant of 6,148 Restricted Stock Units, each representing a contingent right to receive one share of Class A common stock. These RSUs were fully vested on the grant date and were issued in lieu of his quarterly cash retainer and any chairperson fees under a voluntary independent director compensation program approved by the Board in June 2023. The number of RSUs equaled the forgone cash amounts divided by the closing trading price of INDI on the grant date.
On the same date, the 6,148 RSUs were exercised, resulting in the acquisition of 6,148 shares of Class A common stock at a price of $0.00 per share. Following these transactions, Aldrich directly held 188,979 shares of indie Semiconductor Class A common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 6,148 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 6,148 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 6,148 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
- F2. Represents Restricted Stock Units ("RSUs") that were fully vested as of the grant date. These RSUs represent shares received in lieu of a quarterly cash retainer and chairperson fees, if any, as part of a voluntary independent director compensation program as approved by the Board of Directors in June 2023. The number of underlying shares is equal to the amount of the forgone quarterly cash retainer and chairperson fees, if any, divided by the closing trading price of INDI on the date of grant.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did indie Semiconductor (INDI) director David J. Aldrich report?
Were David J. Aldrich’s indie Semiconductor (INDI) transactions open-market purchases or sales?
What is the nature of the Restricted Stock Units granted to the indie Semiconductor (INDI) director?
How were the 6,148 RSUs for indie Semiconductor (INDI) director David J. Aldrich calculated?
What compensation program led to David J. Aldrich’s RSU grant at indie Semiconductor (INDI)?
AI-generated analysis. How Rhea-AI works. Not financial advice.