indie Semiconductor director reports RSU equity awards
indie Semiconductor director Jeffrey J. Owens reported routine equity compensation activity.
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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.
Insider Trade Summary
1,926 shares exercised/converted
Exercise
3 txns
Insider
OWENS JEFFREY J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,926 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,926 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,926 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Class A Common Stock — 224,931 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
- F2. 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.
Key Figures
RSUs exercised into shares: 1,926 shares
Shares held after transaction: 224,931 shares
New RSU grant: 1,926 RSUs
+1 more
4 metrics
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
Key Terms
Restricted Stock Units, voluntary independent director compensation program, quarterly cash retainer, chairperson fees
4 terms
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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
