indie Semiconductor (INDI) director adds shares, granted 37,454 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
indie Semiconductor director Diane W. Biagianti exercised 59,932 restricted stock units into the same number of Class A common shares, bringing her direct holdings to 184,912 shares. She also received a new grant of 37,454 restricted stock units under the non-employee director compensation policy, vesting on the earlier of May 28, 2027 or the 2027 Annual Shareholder Meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
59,932 shares exercised/converted
Mixed
3 txns
Insider
Biagianti Diane W.
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 — 184,912 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 acquired: 59,932 shares
Shares held after transaction: 184,912 shares
+2 more
5 metrics
RSUs exercised
59,932 units
Restricted stock units converted to Class A common stock on May 28, 2026
Shares acquired
59,932 shares
Class A common stock received from RSU conversion
Shares held after transaction
184,912 shares
Diane W. Biagianti’s direct Class A common stock holdings after Form 4 transactions
New RSU grant
37,454 units
Restricted stock units granted under non-employee director compensation policy
RSU vesting date
May 28, 2027
New RSUs vest on earlier of May 28, 2027 or 2027 Annual Shareholder Meeting
Key Terms
Restricted Stock Units, non-employee director compensation policy, Annual Shareholder Meeting
3 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of Class A common stock."
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."
FAQ
What insider transactions did indie Semiconductor (INDI) report for Diane W. Biagianti?
indie Semiconductor reported that director Diane W. Biagianti exercised 59,932 restricted stock units into Class A common stock and received a new grant of 37,454 restricted stock units. These transactions reflect equity-based compensation rather than open-market share purchases or sales.
What was the size of the restricted stock unit grant to Diane W. Biagianti at INDI?
Diane W. Biagianti received a grant of 37,454 restricted stock units from indie Semiconductor under its non-employee director compensation policy. Each restricted stock unit represents a contingent right to receive one share of Class A common stock, subject to future vesting conditions.
When do Diane W. Biagianti’s new restricted stock units in indie Semiconductor (INDI) vest?
The newly granted 37,454 restricted stock units to Diane W. Biagianti vest on the earlier of May 28, 2027, or the date of indie Semiconductor’s 2027 Annual Shareholder Meeting. Vesting must occur before she actually receives Class A common shares from this grant.
What does the vested indie Semiconductor (INDI) restricted stock unit transaction represent?
The Form 4 shows 59,932 restricted stock units vested on May 28, 2026, the date of indie Semiconductor’s 2026 Annual Meeting. Upon vesting, these units were converted into 59,932 shares of Class A common stock, increasing Diane W. Biagianti’s direct share ownership.