[Form 4] Informatica Inc. Insider Trading Activity
Informatica Inc. (INFA) – Form 4 insider filing: Director Mitesh Dhruv reported the receipt of 9,942 Restricted Stock Units (RSUs) of Class A common stock on 20 June 2025. The award was made at an effective price of $0 under the company’s Outside Director Compensation Policy. Each RSU converts into one share upon vesting. Vesting will occur on the earlier of (i) the one-year anniversary of the grant date or (ii) the date of the company’s next annual shareholder meeting, provided the director remains in continuous service.
Following the grant, Dhruv’s total directly held equity increased to 27,289 shares/RSUs, indicating an incremental ownership rise of roughly 57% versus his pre-grant holdings of about 17,347 shares. No shares were sold or otherwise disposed of, and no derivative securities (options, warrants, etc.) were involved in this transaction.
The filing does not disclose any open-market purchases or sales, cash consideration, or material changes to company fundamentals. As this is a routine equity compensation grant to a non-employee director, the market impact is expected to be limited; however, it marginally reinforces board-level alignment with shareholder interests via additional stock ownership.
- Director ownership increases by 57%, enhancing alignment with shareholders through additional 9,942 RSUs.
- No shares were sold or disposed; transaction solely adds to insider holdings, a modestly confidence-supportive signal.
- None.
Insights
TL;DR: Routine RSU grant boosts director ownership; neutral market impact.
The Form 4 reveals a standard equity award of 9,942 RSUs to Director Mitesh Dhruv. Because the award is part of the board’s compensation schedule, it does not signal opportunistic buying. Still, the director’s stake rises to 27,289 shares, which marginally improves governance alignment. No cash changed hands, there was no open-market activity, and dilution is immaterial given INFA’s ~287 million shares outstanding. From a valuation or liquidity standpoint, the filing is neutral; it neither alters forecasts nor affects capital structure meaningfully.
TL;DR: Governance-friendly equity grant; no red flags detected.
Under the Outside Director Compensation Policy, Dhruv’s RSU grant follows best-practice guidelines—annual, time-based vesting tied to continued service. Such grants encourage long-term oversight without immediate sale pressure. The absence of Rule 10b5-1 plan reference suggests this was not pre-planned trading, but rather routine board compensation. There are no deviations from standard disclosure requirements, signatures are present, and footnotes clarify vesting mechanics. Overall, a non-controversial, governance-positive but financially immaterial event.