indie Semiconductor (NASDAQ: INDI) awards CEO 500,000 RSUs vesting in 2027-2028
Rhea-AI Filing Summary
McClymont Donald reported acquisition or exercise transactions in this Form 4 filing.
indie Semiconductor, Inc. granted its Chief Executive Officer, Donald McClymont, 500,000 restricted stock units, each representing one share of Class A common stock. These time-based RSUs will vest and become nonforfeitable 50% on July 1, 2027 and 50% on July 1, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McClymont Donald
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 500,000 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 500,000 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
- F2. The time-based restricted stock units shall vest and become nonforfeitable with respect to fifty percent (50%) of the total number of restricted stock units on July 1, 2027 and 2028.
Key Figures
RSUs granted: 500,000 units
Underlying shares: 500,000 shares
Grant price per unit: $0.0000 per unit
+3 more
6 metrics
RSUs granted
500,000 units
Grant of restricted stock units to CEO on 2026-07-27
Underlying shares
500,000 shares
Each RSU corresponds to one share of Class A common stock
Grant price per unit
$0.0000 per unit
Reported transaction price per restricted stock unit
Holdings after award
500,000 units
Total restricted stock units held directly after the transaction
First vesting portion
50% of award
Time-based RSUs vest and become nonforfeitable on July 1, 2027
Second vesting portion
50% of award
Remaining time-based RSUs vest and become nonforfeitable on July 1, 2028
Key Terms
Restricted Stock Units, Class A common stock, time-based restricted stock units, contingent right
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
Class A common stock financial
"to receive one share of Class A common stock"
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.
time-based restricted stock units financial
"The time-based restricted stock units shall vest and become nonforfeitable"
Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
contingent right financial
"represents a contingent right to receive one share of Class A common stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did indie Semiconductor (INDI) grant to CEO Donald McClymont?
indie Semiconductor granted CEO Donald McClymont 500,000 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the company’s Class A common stock, reported as a direct holding after the transaction.
How do the 500,000 RSUs for indie Semiconductor (INDI) CEO vest over time?
The time-based restricted stock units vest in two equal tranches: 50% on July 1, 2027 and the remaining 50% on July 1, 2028. Vesting makes those portions nonforfeitable on the respective dates.
What does each RSU granted to indie Semiconductor (INDI) CEO represent?
Each restricted stock unit represents a contingent right to receive one share of indie Semiconductor’s Class A common stock. Delivery of the underlying shares depends on satisfying the stated time-based vesting conditions.
Was there a purchase price for the RSUs granted to indie Semiconductor (INDI) CEO?
The reported transaction price per restricted stock unit is $0.0000. This indicates the CEO acquired 500,000 RSUs without paying a per-unit purchase price in this award transaction as disclosed.
How many restricted stock units does Donald McClymont hold after this indie Semiconductor (INDI) grant?
Following this reported award, Donald McClymont is shown holding 500,000 restricted stock units directly. These RSUs are linked to an equal number of underlying shares of Class A common stock, subject to the disclosed vesting schedule.