indie Semiconductor (INDI) director exercises 59,932 RSUs and receives new award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
indie Semiconductor, Inc. director Diane D. Brink reported routine equity compensation changes. She exercised vested restricted stock units to receive 59,932 shares of Class A common stock at a price of $0.00 per share, increasing her direct holdings to 229,838 shares.
Brink also received a new grant of 37,454 restricted stock units under the non-employee director compensation policy. The vested units converted on May 28, 2026, the date of the 2026 Annual Meeting, and the new award is scheduled to vest on the earlier of May 28, 2027 or the 2027 Annual Shareholder Meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
59,932 shares exercised/converted
Mixed
3 txns
Insider
Brink Diane D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 37,454 | $0.00 | -- |
| Exercise | Restricted Stock Units | 59,932 | $0.00 | -- |
| Exercise | Class A Common Stock | 59,932 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 37,454 shares (Direct, null);
Class A Common Stock — 229,838 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Class A common stock. 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. The restricted stock units vested on May 28, 2026, the date of the Issuer's 2026 Annual Meeting.
Key Figures
RSUs exercised: 59,932 shares
Shares held after transaction: 229,838 shares
New RSU grant: 37,454 units
+3 more
6 metrics
RSUs exercised
59,932 shares
Restricted stock units converted into Class A common stock on May 28, 2026
Shares held after transaction
229,838 shares
Director’s direct Class A common stock holdings following Form 4 transactions
New RSU grant
37,454 units
Restricted stock units granted under non-employee director compensation policy
Vesting date of exercised RSUs
May 28, 2026
RSUs vested on the date of the 2026 Annual Meeting
New RSU vesting deadline
May 28, 2027
Vests on earlier of this date or the 2027 Annual Shareholder Meeting
Exercise price
$0.00 per share
Price per share for conversion of restricted stock units to Class A stock
Key Terms
Restricted Stock Units, non-employee director compensation policy, Annual Shareholder Meeting, Annual Meeting, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of Class A common stock."
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 Meeting financial
"The restricted stock units vested on May 28, 2026, the date of the Issuer's 2026 Annual Meeting."
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
Class A Common Stock financial
"Each restricted stock unit represents a contingent right 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.
FAQ
What insider transactions did indie Semiconductor (INDI) report for Diane D. Brink?
indie Semiconductor reported that director Diane D. Brink exercised vested restricted stock units into 59,932 shares of Class A common stock and received a new grant of 37,454 restricted stock units as part of her non-employee director compensation.
What equity award did Diane D. Brink receive from indie Semiconductor (INDI)?
Diane D. Brink received a grant of 37,454 restricted stock units from indie Semiconductor under its non-employee director compensation policy. Each unit represents a contingent right to receive one Class A common share when vesting conditions are satisfied in 2027.
When do Diane D. Brink’s new indie Semiconductor (INDI) restricted stock units vest?
The newly granted 37,454 restricted stock units vest on the earlier of May 28, 2027, or the date of indie Semiconductor’s 2027 Annual Shareholder Meeting, aligning vesting with the company’s board service cycle and shareholder meeting schedule.