indie Semiconductor director exercises 59,932 RSUs

indie Semiconductor director Sonalee Elizabeth Parekh reported routine equity compensation activity.

Rhea-AI Filing Summary

indie Semiconductor director Sonalee Elizabeth Parekh reported routine equity compensation activity. She exercised 59,932 restricted stock units, receiving the same number of Class A Common Stock shares at a stated price of $0.00 per share, bringing her direct holdings to 179,789 shares.

In a separate transaction, she received a new grant of 37,454 restricted stock units under the non-employee director compensation policy. These new units vest on the earlier of May 28, 2027, or the date of the 2027 Annual Shareholder Meeting. Each restricted stock unit represents a contingent right to receive one share of Class A common stock.

Insider Trade Summary

59,932 shares exercised/converted

Exercise 3 txns

Insider Parekh Sonalee Elizabeth

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	37,454	$0.00	$0.00
Exercise	Restricted Stock Units	59,932	$0.00	$0.00
Exercise	Class A Common Stock	59,932	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 37,454 contracts (Direct); Class A Common Stock — 179,789 shares (Direct)

Footnotes (3)

1. F1. Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
2. F2. 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.
3. F3. 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 held after exercise: 179,789 shares New RSU grant: 37,454 units +3 more

6 metrics

RSUs exercised 59,932 units Converted into 59,932 Class A Common Stock shares on May 28, 2026

Shares held after exercise 179,789 shares Class A Common Stock directly owned following transactions

New RSU grant 37,454 units Granted under non-employee director compensation policy

Exercise price $0.00 per share Stated transaction price for RSU conversion to common stock

Vesting date (new RSUs) May 28, 2027 Or earlier date of 2027 Annual Shareholder Meeting

Vesting date (exercised RSUs) May 28, 2026 RSUs vested on date of 2026 Annual Meeting

Key Terms

Restricted Stock Units, non-employee director compensation policy, Annual Shareholder Meeting, derivative security

4 terms

Restricted Stock Units financial

"The restricted stock units are granted pursuant to the Issuer's non-employee director compensation policy."

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."

Annual Shareholder Meeting financial

"The restricted stock units vest on the earlier of May 28, 2027, or the date of the 2027 Annual Shareholder Meeting."

A yearly gathering where a company’s owners (shareholders) and its leaders meet to review performance, approve key decisions like electing directors, and vote on issues such as executive pay or major policy changes. Think of it as an annual town hall for people who own part of the business: investors use it to ask questions, influence direction through votes, and gauge management’s plans and transparency, all of which can affect the stock’s outlook.

derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did indie Semiconductor (INDI) director Sonalee Parekh report?

Director Sonalee Elizabeth Parekh reported exercising 59,932 restricted stock units into Class A Common Stock and receiving a new grant of 37,454 restricted stock units. These transactions reflect equity compensation activity rather than open-market buying or selling of indie Semiconductor shares.

How many indie Semiconductor (INDI) shares does Sonalee Parekh hold after this Form 4?

After the reported transactions, Sonalee Elizabeth Parekh directly holds 179,789 shares of indie Semiconductor Class A Common Stock. This total reflects shares received from exercising 59,932 restricted stock units as part of her overall non-employee director equity compensation.

What are the terms of Sonalee Parekh’s new restricted stock unit grant at INDI?

She received 37,454 restricted stock units, each representing a contingent right to one share of Class A Common Stock. The units were granted under the non-employee director compensation policy and vest on the earlier of May 28, 2027, or the date of indie Semiconductor’s 2027 Annual Shareholder Meeting.

Did the indie Semiconductor (INDI) Form 4 show any share sales by Sonalee Parekh?

The Form 4 shows no open-market share sales by Sonalee Elizabeth Parekh. All reported transactions involve exercising 59,932 restricted stock units into Class A Common Stock and receiving a new award of 37,454 restricted stock units as part of her director compensation at indie Semiconductor.

How were Sonalee Parekh’s existing restricted stock units at indie Semiconductor treated?

A block of 59,932 restricted stock units vested on May 28, 2026, the date of the 2026 Annual Meeting, and was exercised into the same number of Class A Common Stock shares. Following this exercise, the Form 4 shows zero remaining units from that specific vested RSU award.

What triggers vesting of the new restricted stock units for indie Semiconductor (INDI) director Sonalee Parekh?

The new 37,454 restricted stock units vest on the earlier of May 28, 2027, or the date of indie Semiconductor’s 2027 Annual Shareholder Meeting. This aligns with the company’s non-employee director compensation policy governing equity awards and their scheduled vesting conditions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 05/29/2026 - 07:37 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Parekh Sonalee Elizabeth

(Last) (First) (Middle)

C/O INDIE SEMICONDUCTOR

32 JOURNEY

(Street)

ALISO VIEJO CALIFORNIA 92656

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
indie Semiconductor, Inc. [ INDI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/28/2026		M		59,932	A	$0	179,789	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	05/28/2026		A		37,454		(2)	(2)	Class A Common Stock	37,454	$0	37,454	D
Restricted Stock Units	(1)	05/28/2026		M			59,932	(3)	(3)	Class A Common Stock	59,932	$0	0	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of Class A common stock.

2. 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.

3. The restricted stock units vested on May 28, 2026, the date of the Issuer's 2026 Annual Meeting.

	/s/ Sonalee Parekh, by Naixi Wu as power of attorney	05/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)