Inogen (NASDAQ: INGN) director granted 28,081 restricted stock units in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rider Heather D. reported acquisition or exercise transactions in this Form 4 filing.
Inogen Inc director Heather D. Rider received an equity grant in the form of restricted stock units. She was awarded 28,081 shares of common stock at no purchase price, bringing her directly held stake to 116,282 shares. According to the award terms, these restricted stock units will vest on the earlier of the one-year anniversary of the grant date or the day before Inogen’s next Annual Meeting of stockholders, as long as she continues in service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rider Heather D.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 28,081 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 116,282 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant: 28,081 shares
Total shares after grant: 116,282 shares
Vesting period: Earlier of one year or before next Annual Meeting
3 metrics
RSU grant
28,081 shares
Restricted stock unit award to director Heather D. Rider
Total shares after grant
116,282 shares
Directly held common stock following the reported transaction
Vesting period
Earlier of one year or before next Annual Meeting
Condition for RSU vesting subject to continued service
Key Terms
restricted stock unit award, vest, Annual Meeting of the Issuer's stockholders
3 terms
restricted stock unit award financial
"The reported shares were acquired pursuant to a restricted stock unit award."
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
vest financial
"the restricted stock unit award shall vest on the earlier of the one-year anniversary"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Annual Meeting of the Issuer's stockholders financial
"the day prior to the date of the Annual Meeting of the Issuer's stockholders next following the date of grant"
FAQ
What did Inogen (INGN) director Heather D. Rider receive in this Form 4 filing?
Heather D. Rider received a grant of 28,081 restricted stock units of Inogen common stock. The award was issued at no purchase price and represents part of her director compensation, increasing her total directly held shares reported in this filing.
When do Heather D. Rider’s new Inogen (INGN) restricted stock units vest?
The restricted stock units vest on the earlier of the one-year anniversary of the grant date or the day prior to Inogen’s next Annual Meeting of stockholders, provided Heather D. Rider continues her service with the company through the applicable vesting date.
Is Heather D. Rider’s Inogen (INGN) Form 4 transaction a market purchase or sale?
The Form 4 reports a grant or award acquisition coded as “A,” not an open-market purchase or sale. The 28,081 shares were acquired through a restricted stock unit award as part of compensation, with no cash price per share disclosed in the transaction.
What does the restricted stock unit award mean for Inogen (INGN) governance?
The award aligns director compensation with Inogen’s equity by granting restricted stock units that vest over time. Heather D. Rider’s continued service is required for vesting, linking her long-term incentives to shareholder interests through additional stock-based compensation rather than cash.