[Form 4] indie Semiconductor, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
indie Semiconductor CFO Naixi Wu reported routine equity compensation activity and a related tax sale. On April 3, Wu received 10,475 Restricted Stock Units, fully vested and granted in lieu of cash under the 2025 Short Term Incentive Bonus Plan, then converted them into 10,475 shares of Class A common stock.
On April 6, Wu sold 5,876 Class A shares at $2.9863 per share to pay withholding taxes tied to the RSU vesting, rather than as a discretionary portfolio decision. After these transactions, Wu directly held 75,787 Class A shares, with an additional 90 shares held indirectly by a spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,876 shares ($17,547)
Net Sell
5 txns
Insider
Wu Naixi
Role
Chief Financial Officer
Sold
5,876 shs ($18K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 5,876 | $2.9863 | $18K |
| Grant/Award | Restricted Stock Units | 10,475 | $0.00 | -- |
| Exercise | Restricted Stock Units | 10,475 | $0.00 | -- |
| Exercise | Class A Common Stock | 10,475 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 75,787 shares (Direct);
Restricted Stock Units — 10,475 shares (Direct);
Class A Common Stock — 90 shares (Indirect, by spouse)
Footnotes (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"). Each restricted stock unit represents a contingent right to receive one share of Class A common stock. 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 share sale: 5,876 shares at $2.9863
RSUs granted: 10,475 Restricted Stock Units
Shares from RSU conversion: 10,475 Class A shares
+2 more
5 metrics
Tax-related share sale
5,876 shares at $2.9863
Class A common stock sold April 6, 2026 to pay withholding taxes
RSUs granted
10,475 Restricted Stock Units
Fully vested at grant on April 3, 2026 under 2025 Short Term Incentive Bonus Plan
Shares from RSU conversion
10,475 Class A shares
Received via exercise/conversion of RSUs on April 3, 2026
Direct holdings after transactions
75,787 Class A shares
Direct ownership following reported April 2026 transactions
Indirect spouse holdings
90 Class A shares
Indirect ownership classified as held by spouse after transactions
Key Terms
Restricted Stock Units, withholding taxes, Short Term Incentive Bonus Plan, grant, award, or other acquisition
4 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.
Short Term Incentive Bonus Plan financial
"in accordance with the terms of the Issuer's 2025 Short Term Incentive Bonus Plan"
grant, award, or other acquisition financial
"Grant, award, or other acquisition"
FAQ
What insider transactions did indie Semiconductor (INDI) CFO Naixi Wu report?
CFO Naixi Wu reported receiving 10,475 fully vested RSUs, converting them into 10,475 Class A shares, and selling 5,876 shares. The sale was explicitly to cover withholding taxes related to the RSU vesting, not a discretionary open-market liquidation.
What RSU awards did the indie Semiconductor (INDI) CFO receive?
Wu received 10,475 Restricted Stock Units on April 3, each representing one share of Class A common stock. These RSUs were fully vested at grant and provided in lieu of cash under the company’s 2025 Short Term Incentive Bonus Plan, then promptly converted into shares.