Indivior (INDV) CEO Joseph Ciaffoni receives 79,976-share RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Indivior Pharmaceuticals, Inc.’s Chief Executive Officer and director Joseph Ciaffoni reported receiving a grant of 79,976 shares of common stock in the form of restricted stock units at a price of $0 per share. Following this equity award, he beneficially owns 135,976 common shares directly.
The RSUs vest in three equal annual installments starting on February 10, 2027, the first anniversary of the grant. Each unit represents the right to receive one share of common stock, contingent on his continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ciaffoni Joseph
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 79,976 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 135,976 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Indivior (INDV) report for CEO Joseph Ciaffoni?
Indivior (INDV) reported that CEO Joseph Ciaffoni acquired 79,976 shares of common stock through a grant of restricted stock units at $0 per share. This equity award increased his directly owned beneficial stake to 135,976 common shares, aligning compensation with long-term company performance.
What are the terms of the restricted stock units granted at Indivior (INDV)?
The grant consists of 79,976 restricted stock units, each representing one share of Indivior (INDV) common stock. These RSUs vest in three equal annual installments beginning on February 10, 2027, contingent on the CEO’s continued service with the company through each vesting date.
When do the new RSUs for Indivior (INDV)’s CEO start vesting?
The restricted stock units granted to Indivior (INDV)’s CEO begin vesting on February 10, 2027. Vesting occurs in three equal annual installments from that date, meaning full vesting is spread over three years, subject to his ongoing service with the company.
Is the Indivior (INDV) CEO’s new equity grant based on RSUs or stock options?
The new equity award for Indivior (INDV)’s CEO is entirely in restricted stock units, not stock options. Each RSU provides a contingent right to receive one share of common stock as it vests over three years, aligning his incentives with shareholder outcomes.