Inogen (NASDAQ: INGN) director awarded 28,081 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mora Elizabeth reported acquisition or exercise transactions in this Form 4 filing.
Inogen Inc director Elizabeth Mora received 28,081 shares of common stock as a restricted stock unit award. These RSUs were granted at no cash cost and increase her direct holdings to 107,261 shares. The award will vest after about one year, subject to her continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mora Elizabeth
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 28,081 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 107,261 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 28,081 shares
Grant price per share: $0.00 per share
Shares after transaction: 107,261 shares
+1 more
4 metrics
RSU grant size
28,081 shares
Restricted stock unit award of common stock
Grant price per share
$0.00 per share
Equity compensation, no cash paid
Shares after transaction
107,261 shares
Director’s direct holdings following the award
Vesting condition
Earlier of one-year anniversary or pre-Annual Meeting
RSU vesting tied to continued service
Key Terms
restricted stock unit award, vest, Annual Meeting of the Issuer's stockholders, grant, award, or other acquisition
4 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 (i) 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 regulatory
"the day prior to the date of the Annual Meeting of the Issuer's stockholders"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Inogen (INGN) director Elizabeth Mora report?
Elizabeth Mora reported receiving 28,081 shares of Inogen common stock as a restricted stock unit award. The grant is compensation, not an open-market purchase, and increases her direct ownership position in the company to 107,261 shares after the transaction.
When do Elizabeth Mora’s Inogen (INGN) restricted stock units vest?
The restricted stock unit award 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. Vesting is conditioned on Mora’s continued service through that vesting date.
Is Elizabeth Mora’s Inogen (INGN) transaction a buy or a grant?
The transaction is a grant of restricted stock units, categorized as a grant, award, or other acquisition. It is not an open-market stock purchase, but equity compensation that converts into shares as the RSUs vest over the specified period.