[Form 4] Informatica Inc. Insider Trading Activity
Form 4 filing overview — Informatica Inc. (INFA)
The filing reports that Director Jill A. Ward was granted 9,942 Restricted Stock Units (RSUs) on 20 June 2025 under the company’s Outside Director Compensation Policy. The units convert into Class A common shares once vested. Vesting will occur on the earlier of (i) one year after the grant date or (ii) the date of the next Annual Meeting of Stockholders, provided Ward remains in continuous service.
Post-transaction ownership: Following the award, Ward’s total beneficial ownership increases to 48,845 Class A shares, held directly. No cash price was paid for the RSUs, and there were no dispositions or sales disclosed.
Transaction classification: Code “A” denotes an acquisition, and the filing confirms that the RSUs were issued as compensation rather than through an open-market purchase. The form was signed by attorney-in-fact Bridget Logterman on 24 June 2025.
Investor take-aways:
- The grant modestly enlarges insider ownership, potentially aligning director incentives with shareholder interests.
- The transaction is routine for outside directors and does not signal a change in corporate strategy or financial outlook.
- Incremental alignment: Director Jill Ward’s beneficial stake rises to 48,845 shares, modestly strengthening shareholder alignment.
- Limited materiality: The 9,942-share grant is immaterial relative to Informatica’s share count and provides little insight into future performance.
Insights
TL;DR: Routine RSU grant; minimal ownership change; limited market impact.
The 9,942-unit award represents standard board compensation and raises Director Ward’s stake to 48,845 shares. No cash involved, no sale pressure created. Given Informatica’s ~300 million share float, the additional units are immaterial (<0.01%). While insider alignment is incrementally positive, the filing does not alter valuation or forward estimates. I view the disclosure as neutral for the stock.
TL;DR: Governance-compliant equity grant supports alignment; impact modest.
The RSU structure adheres to prevailing best-practice for outside director pay: full-value shares that vest annually. The single-year or next-AGM vesting schedule encourages near-term engagement without promoting excessive risk-taking. No red flags—no accelerated vesting, no discretionary awards. From a governance lens, this is positive but routine, leaving overall impact neutral.