indie Semiconductor director granted RSUs, adds shares
indie Semiconductor director Diane D. Brink reported equity-based compensation rather than open-market trading.
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Rhea-AI Filing Summary
indie Semiconductor director Diane D. Brink reported equity-based compensation rather than open-market trading. On March 1, 2026, she received a grant of 3,074 restricted stock units (RSUs), fully vested at grant and issued in lieu of her quarterly cash retainer and any chairperson fees.
The RSUs were then exercised into 3,074 shares of Class A common stock at a stated price of $0.00 per share, bringing her directly held Class A common stock to 169,906 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,074 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,074 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,074 | $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 did indie Semiconductor (INDI) director Diane Brink report in this Form 4?
How many indie Semiconductor (INDI) RSUs were granted to Diane Brink?
Were the indie Semiconductor (INDI) RSUs granted to Diane Brink tied to cash retainers?
What is the conversion ratio for Diane Brink’s indie Semiconductor (INDI) RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.