indie Semiconductor director logs RSU vesting, tax sale
indie Semiconductor director Thomas Schiller reported routine equity compensation activity.
Rhea-AI Filing Summary
indie Semiconductor director Thomas Schiller reported routine equity compensation activity. On July 1, he acquired 5,000 shares of Class A common stock at no cost through the vesting and conversion of restricted stock units. A related entry shows 5,000 restricted stock units exercised into the same number of shares.
On July 2, 1,833 shares of Class A common stock were sold at an average price of $4.4511 per share to pay withholding taxes in connection with this vesting, according to the footnotes. After these transactions, Schiller directly holds 481,707 shares of Class A common stock and 10,000 restricted stock units that vest in 25% installments on January 2, 2026, July 1, 2026, January 4, 2027, and July 1, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
schiller Thomas
Role
Director
Sold
1,833 shs ($8K)
Approx. gross sale proceeds
$8K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,833 | $4.4511 | $8K |
| Exercise | Restricted Stock Units | 5,000 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 5,000 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 10,000 contracts (Direct);
Class A Common Stock — 481,707 shares (Direct)
Footnotes (3)
- 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.
- F2. Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
- F3. Such restricted stock units vest at the rate of 25% on January 2, 2026, July 1, 2026, January 4, 2027, and July 1, 2027.
Key Figures
Shares sold for taxes: 1,833 shares
Sale price: $4.4511 per share
Shares from RSU vesting: 5,000 shares
+3 more
6 metrics
Shares sold for taxes
1,833 shares
Class A common stock sold on July 2, 2026 to pay withholding taxes
Sale price
$4.4511 per share
Average price for 1,833 shares of Class A common stock sold
Shares from RSU vesting
5,000 shares
Class A common stock acquired at $0.00 via RSU conversion on July 1, 2026
Post-transaction share holdings
481,707 shares
Class A common stock directly held after reported transactions
Restricted stock units outstanding
10,000 RSUs
Restricted stock units remaining after 5,000 units converted to shares
RSU vesting schedule
25% on four dates
Vests 25% on Jan 2 2026, Jul 1 2026, Jan 4 2027, Jul 1 2027
Key Terms
Restricted Stock Units, withholding taxes, Class A common stock, vest
4 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
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"
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.
Class A common stock financial
"Represents shares of Class A common stock sold in the open market"
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.
vest financial
"restricted stock units vest at the rate of 25% on January 2, 2026, July 1, 2026, January 4, 2027, and July 1, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did indie Semiconductor (INDI) director Thomas Schiller report in this Form 4?
Thomas Schiller reported routine equity compensation activity. 5,000 restricted stock units converted into 5,000 shares of Class A common stock, and 1,833 shares were sold solely to cover withholding taxes related to this vesting event.
What happened to Thomas Schiller’s restricted stock units in indie Semiconductor (INDI)?
Schiller had 5,000 restricted stock units convert into 5,000 shares of Class A common stock at no cost. After this transaction, he holds 10,000 restricted stock units, each representing a contingent right to receive one share of Class A common stock in the future.
How do Thomas Schiller’s indie Semiconductor (INDI) restricted stock units vest over time?
The restricted stock units vest in four equal 25% installments. Vesting dates are January 2, 2026, July 1, 2026, January 4, 2027, and July 1, 2027, gradually delivering additional shares of Class A common stock to Schiller as each tranche vests.
AI-generated analysis. How Rhea-AI works. Not financial advice.
