indie Semiconductor president trades shares, RSU grant

indie Semiconductor, Inc. President Ichiro Aoki reported routine share movements combining equity compensation and a small tax-related sale.

Rhea-AI Filing Summary

indie Semiconductor, Inc. President Ichiro Aoki reported routine share movements combining equity compensation and a small tax-related sale. Aoki received 8,723 Restricted Stock Units, fully vested on grant and issued in lieu of cash under the 2025 Short Term Incentive Bonus Plan, then immediately converted them into 8,723 shares of Class A common stock. On a later date, he sold 3,506 Class A shares at $2.9862 per share to cover withholding taxes tied to RSU vesting. After these transactions, he held 106,169 Class A common shares and 3,889,362 Class V common shares directly.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 5 txns

Insider Aoki Ichiro

Role President

Sold 3,506 shs ($10K)

Approx. gross sale proceeds $10K

Approx. exercise cost $0.00

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	3,506	$2.9862	$10K
Grant/Award	Restricted Stock Units	8,723	$0.00	$0.00
Exercise	Restricted Stock Units	8,723	$0.00	$0.00
Exercise	Class A Common Stock	8,723	$0.00	$0.00
holding	Class V Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Class A Common Stock — 106,169 shares (Direct); Class V Common Stock — 3,889,362 shares (Direct)

Footnotes (3)

1. F1. Represents shares of Class A common stock sold in the open market to pay for withholding taxes in connection with the vesting of Restricted Stock Units ("RSUs").
2. F2. Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
3. F3. Represents Restricted Stock Units that were fully vested as of the grant date. These RSUs represent shares received in lieu of cash in accordance with the terms of the Issuer's 2025 Short Term Incentive Bonus Plan.

Key Figures

Tax-related sale: 3,506 shares at $2.9862 RSU grant: 8,723 RSUs RSU conversion: 8,723 Class A shares +2 more

5 metrics

Tax-related sale 3,506 shares at $2.9862 Class A common stock sold to cover withholding taxes

RSU grant 8,723 RSUs Fully vested award under 2025 Short Term Incentive Bonus Plan

RSU conversion 8,723 Class A shares Shares received upon exercise/conversion of RSUs

Post-transaction Class A holdings 106,169 shares Class A common stock held directly after transactions

Class V holdings 3,889,362 shares Class V common stock held directly as of reported date

Key Terms

Restricted Stock Units, withholding taxes, 2025 Short Term Incentive Bonus Plan

3 terms

Restricted Stock Units financial

"Represents Restricted Stock Units that were fully vested as of the grant date."

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.

withholding taxes financial

"sold in the open market to pay for withholding taxes in connection with the vesting of Restricted Stock Units"

Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.

2025 Short Term Incentive Bonus Plan financial

"shares received in lieu of cash in accordance with the terms of the Issuer's 2025 Short Term Incentive Bonus Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did INDI President Ichiro Aoki report?

Ichiro Aoki reported a grant of 8,723 Restricted Stock Units, their conversion into 8,723 Class A shares, and a sale of 3,506 Class A shares. The sale was made to cover withholding taxes related to the RSU vesting.

Was the INDI insider share sale a discretionary sale or tax-related?

The 3,506 Class A shares were sold in the open market specifically to pay withholding taxes associated with the vesting of Restricted Stock Units, indicating a tax-related transaction rather than a discretionary portfolio sale.

How many indie Semiconductor (INDI) shares does Ichiro Aoki hold after these transactions?

Following the reported transactions, Ichiro Aoki directly holds 106,169 shares of Class A common stock and 3,889,362 shares of Class V common stock, reflecting his remaining equity stake after the RSU conversion and limited tax-related sale.

What are the terms of the Restricted Stock Units granted to INDI’s President?

The grant consisted of 8,723 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 awarded in lieu of cash under the 2025 Short Term Incentive Bonus Plan.

How do the INDI RSUs convert into common stock for Ichiro Aoki?

Each Restricted Stock Unit corresponds to one share of Class A common stock. In this filing, 8,723 RSUs were exercised and converted into 8,723 Class A shares, increasing Aoki’s direct Class A holdings before the subsequent tax-related sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 04/07/2026 - 08:34 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Aoki Ichiro

(Last) (First) (Middle)

32 JOURNEY

(Street)

ALISO VIEJO CALIFORNIA 92656

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
indie Semiconductor, Inc. [ INDI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	04/03/2026		M		8,723	A	$0	109,675	D
Class A Common Stock	04/06/2026		S(1)		3,506	D	$2.9862	106,169	D
Class V Common Stock								3,889,362	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	04/03/2026		A		8,723		(3)	(3)	Class A Common Stock	8,723	$0	8,723	D
Restricted Stock Units	(2)	04/03/2026		M			8,723	(3)	(3)	Class A Common Stock	8,723	$0	0	D

Explanation of Responses:

1. Represents shares of Class A common stock sold in the open market to pay for withholding taxes in connection with the vesting of Restricted Stock Units ("RSUs").

2. Each restricted stock unit represents a contingent right to receive one share of Class A common stock.

3. Represents Restricted Stock Units that were fully vested as of the grant date. These RSUs represent shares received in lieu of cash in accordance with the terms of the Issuer's 2025 Short Term Incentive Bonus Plan.

	/s/ Ichiro Aoki by Naixi Wu pursuant to power of attorney filed on June 21, 2021	04/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)