STOCK TITAN

indie Semiconductor (INDI) director receives 1,926 RSUs in lieu of cash fees

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

indie Semiconductor director Jeffrey J. Owens reported routine equity compensation activity. On June 1, 2026, he exercised 1,926 Restricted Stock Units into the same number of Class A common shares, bringing his direct holdings to 224,931 shares. He also received a new grant of 1,926 RSUs, fully vested at grant, issued in lieu of his quarterly cash retainer and any chairperson fees under a voluntary independent director compensation program.

Positive

  • None.

Negative

  • None.
Insider OWENS JEFFREY J
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 1,926 $0.00 --
Exercise Restricted Stock Units 1,926 $0.00 --
Exercise Class A Common Stock 1,926 $0.00 --
Holdings After Transaction: Restricted Stock Units — 1,926 shares (Direct, null); Class A Common Stock — 224,931 shares (Direct, null)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of Class A common stock. 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.
RSUs exercised into shares 1,926 shares Class A common stock received from RSU exercise on June 1, 2026
Shares held after transaction 224,931 shares Direct Class A common stock holdings after June 1, 2026 activity
New RSU grant 1,926 RSUs Fully vested RSUs granted in lieu of quarterly cash retainer and chair fees
Exercise price per RSU $0.00 per unit Conversion or exercise price for RSUs into Class A common stock
Restricted Stock Units financial
"Represents Restricted Stock Units ("RSUs") 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.
voluntary independent director compensation program financial
"as part of a voluntary independent director compensation program as approved by the Board of Directors in June 2023."
quarterly cash retainer financial
"shares received in lieu of a quarterly cash retainer and chairperson fees, if any"
chairperson fees financial
"shares received in lieu of a quarterly cash retainer and chairperson fees, if any"
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SEC Form 4
FORM 4UNITED 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*
OWENS JEFFREY J

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/01/2026M1,926A$0224,931D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/01/2026A1,926 (2) (2)Class A Common Stock1,926$01,926D
Restricted Stock Units(1)06/01/2026M1,926 (2) (2)Class A Common Stock1,926$00D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
2. 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.
/s/Jeffrey J. Owens, by Naixi Wu pursuant to power of attorney filed on June 21, 202106/03/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transactions did indie Semiconductor (INDI) director Jeffrey J. Owens report?

Jeffrey J. Owens reported exercising 1,926 Restricted Stock Units into Class A common stock and receiving a new grant of 1,926 fully vested RSUs. These awards are part of his routine independent director compensation, replacing a portion of his normal cash fees.

How many indie Semiconductor (INDI) shares does Jeffrey J. Owens hold after these transactions?

After exercising Restricted Stock Units, Jeffrey J. Owens directly holds 224,931 shares of indie Semiconductor Class A common stock. This figure reflects his position following the June 1, 2026 equity compensation activity disclosed in the Form 4 filing.

What are the terms of the Restricted Stock Units in the indie Semiconductor (INDI) filing?

Each Restricted Stock Unit represents a contingent right to receive one share of indie Semiconductor Class A common stock. The RSUs in this filing were fully vested at grant, providing immediate equity in lieu of certain cash compensation for board service.

Why did Jeffrey J. Owens receive RSUs instead of cash from indie Semiconductor (INDI)?

The RSUs were granted under a voluntary independent director compensation program that lets directors receive equity instead of a quarterly cash retainer and chairperson fees. The number of RSUs equals the forgone cash amount divided by indie Semiconductor’s closing share price on the grant date.

How many Restricted Stock Units were granted to Jeffrey J. Owens by indie Semiconductor (INDI)?

Jeffrey J. Owens received a grant of 1,926 Restricted Stock Units that were fully vested as of the grant date. These RSUs represent equity compensation issued instead of his quarterly cash retainer and any applicable chairperson fees for his board service.