Inseego Corp. (INSG) director awarded 2,036 RSUs in lieu of cash
Rhea-AI Filing Summary
Mulhern George reported acquisition or exercise transactions in this Form 4 filing.
Inseego Corp. director George Mulhern received a grant of 2,036 restricted stock units that settle into common stock on a 1-for-1 basis and are fully vested upon grant. He elected to take these RSUs as compensation in lieu of cash under the 2018 Omnibus Incentive Compensation Plan, bringing his direct holdings to 33,014 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mulhern George
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,036 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 33,014 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 2,036 shares
Shares held after grant: 33,014 shares
Grant price: $0.0000 per share
+1 more
4 metrics
RSUs granted
2,036 shares
Restricted stock units granted to director on 2026-07-15
Shares held after grant
33,014 shares
Total direct common stock holdings following the transaction
Grant price
$0.0000 per share
Equity compensation RSUs received in lieu of cash fees
RSU settlement ratio
1-for-1
Each RSU settles for one share of common stock
Key Terms
restricted stock units ("RSUs"), in lieu of cash, 2018 Omnibus Incentive Compensation Plan
3 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") that settle for shares of common stock"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
in lieu of cash financial
"elected to receive as compensation in lieu of cash pursuant to the Issuer's plan"
2018 Omnibus Incentive Compensation Plan financial
"pursuant to the Issuer's 2018 Omnibus Incentive Compensation Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did INSG director George Mulhern report?
George Mulhern reported acquiring 2,036 restricted stock units (RSUs) that settle into common stock on a 1-for-1 basis. The RSUs were granted as compensation and are fully vested at the time of grant, increasing his direct equity stake in Inseego.
Was George Mulhern’s INSG transaction a market purchase or a stock grant?
The transaction was a stock grant of RSUs, not an open-market purchase. Mulhern elected to receive fully vested RSUs as compensation in lieu of cash fees under Inseego’s 2018 Omnibus Incentive Compensation Plan, so no cash trading in the market occurred.
What are the key terms of the RSUs granted to INSG director George Mulhern?
Mulhern’s RSUs are fully vested upon grant and settle into common stock on a 1-for-1 basis. They were taken as compensation instead of cash under Inseego’s 2018 Omnibus Incentive Compensation Plan, aligning his board compensation with equity in the company.
Did George Mulhern pay a purchase price for the 2,036 INSG RSUs?
No cash purchase price was paid; the RSUs are shown at $0.0000 per share. They represent compensation in equity form under Inseego’s incentive plan, received in lieu of cash, so the award functions as stock-based compensation rather than a market buy.
Under which plan were George Mulhern’s INSG RSUs issued?
The RSUs were issued under Inseego’s 2018 Omnibus Incentive Compensation Plan. Mulhern elected to receive his compensation as fully vested RSUs pursuant to this plan, rather than taking cash fees, thereby increasing his equity exposure to the company.