indie Semiconductor (INDI) president logs RSU conversions and tax share sales

Rhea-AI Filing Summary

indie Semiconductor, Inc. president Aoki Ichiro reported RSU-related share activity and tax-related sales. On March 1, he acquired 8,750 and 2,050 shares of Class A common stock through exercises of Restricted Stock Units at a price of $0.00 per share and received a new grant of 2,050 RSUs.

On March 2, he sold 3,705 and 868 Class A shares in open-market transactions at prices of $3.5617 and $3.5620 per share to pay withholding taxes in connection with RSU vesting. After these transactions, he held 100,952 Class A shares and 4,439,362 Class V shares directly.

Insider Trade Summary

Net Seller: 4,573 shares ($16,288)

Net Sell 8 txns

Insider Aoki Ichiro

Role President

Sold 4,573 shs ($16K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	3,705	$3.5617	$13K
Sale	Class A Common Stock	868	$3.562	$3K
Exercise	Restricted Stock Units	8,750	$0.00	--
Grant/Award	Restricted Stock Units	2,050	$0.00	--
Exercise	Restricted Stock Units	2,050	$0.00	--
Exercise	Class A Common Stock	8,750	$0.00	--
Exercise	Class A Common Stock	2,050	$0.00	--
holding	Class V Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 101,820 shares (Direct); Restricted Stock Units — 0 shares (Direct); Class V Common Stock — 4,439,362 shares (Direct)

Footnotes (1)

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. 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 March 1, 2025 and 2026. Represents Restricted Stock Units ("RSUs") that were fully vested as of the grant date. These RSUs represent shares received in lieu of a percentage of cash salary as part of a voluntary equity 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 salary, divided by the closing trading price of INDI on the date of grant.

Form 4 Insider Transactions: What Each Field Means →

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^*

Aoki Ichiro

(Last) (First) (Middle)

32 JOURNEY

(Street)

ALISO VIEJO CA 92656

(City) (State) (Zip)

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
X	Officer (give title below)		Other (specify below)
	President

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

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

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

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

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	03/01/2026		M		8,750	A	$0	103,475	D
Class A Common Stock	03/01/2026		M		2,050	A	$0	105,525	D
Class A Common Stock	03/02/2026		S(1)		3,705	D	$3.5617	101,820	D
Class A Common Stock	03/02/2026		S(1)		868	D	$3.562	100,952	D
Class V Common Stock								4,439,362	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	(2)	03/01/2026		M			8,750	(3)	(3)	Class A Common Stock	8,750	$0	0	D
Restricted Stock Units	(2)	03/01/2026		A		2,050		(4)	(4)	Class A Common Stock	2,050	$0	2,050	D
Restricted Stock Units	(2)	03/01/2026		M			2,050	(4)	(4)	Class A Common Stock	2,050	$0	0	D

Explanation of Responses:

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").

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

3. 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 March 1, 2025 and 2026.

4. Represents Restricted Stock Units ("RSUs") that were fully vested as of the grant date. These RSUs represent shares received in lieu of a percentage of cash salary as part of a voluntary equity 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 salary, divided by the closing trading price of INDI on the date of grant.

	/s/ Ichiro Aoki by Naixi Wu pursuant to power of attorney filed on June 21, 2021	03/02/2026
	** 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.

FAQ

What insider transactions did Aoki Ichiro report for indie Semiconductor (INDI)?

Aoki Ichiro reported RSU exercises, an RSU grant, and related share sales. He converted 10,800 Restricted Stock Units into Class A common shares, received a new 2,050-unit RSU grant, and sold 4,573 Class A shares in open-market trades to cover tax withholding obligations.

How many indie Semiconductor Class A shares did Aoki Ichiro sell?

He sold a total of 4,573 Class A common shares. The sales occurred in two open-market transactions of 3,705 and 868 shares at prices of $3.5617 and $3.5620 per share, respectively, specifically to pay withholding taxes tied to RSU vesting.

How many indie Semiconductor Class A shares does Aoki Ichiro hold after the Form 4 transactions?

After the reported transactions, Aoki Ichiro directly holds 100,952 shares of Class A common stock. This balance reflects RSU conversions into shares on March 1 and subsequent open-market sales of 4,573 shares on March 2 for RSU-related tax withholding.

What Restricted Stock Unit (RSU) activity did Aoki Ichiro report at indie Semiconductor?

He reported exercising 8,750 and 2,050 RSUs into Class A shares and receiving a new 2,050-unit RSU grant. The time-based RSUs are scheduled to vest 50% on March 1, 2025 and 50% on March 1, 2026, subject to the program’s terms.

Why did Aoki Ichiro sell indie Semiconductor shares according to the Form 4 footnotes?

The footnotes state the Class A shares were sold to pay withholding taxes related to vesting RSUs. These open-market sales therefore served as tax payments linked to equity compensation rather than standalone discretionary sales of his indie Semiconductor shareholdings.

How many indie Semiconductor Class V shares does Aoki Ichiro report owning?

He reports directly holding 4,439,362 shares of Class V common stock. This balance is disclosed as a holding position, separate from the Class A common stock transactions and RSU-related activity reported for the same period in the Form 4 filing.