Innoviz Technologies (INVZ) director receives 110,668 RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Innoviz Technologies director Stefan Jacoby received an equity grant of 110,668 Restricted Share Units (RSUs). The RSUs were granted on May 13, 2026 and will fully vest on April 5, 2027, if he remains a service provider. Each RSU converts into one ordinary share, bringing his direct holdings to 291,994 ordinary shares and RSUs, including 181,326 ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jacoby Stefan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 110,668 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 291,994 shares (Direct, null)
Footnotes (1)
- Represents 110,668 Restricted Share Units (RSUs) granted on May 13, 2026, which shall fully vest on April 5, 2027, subject to the Reporting Person remaining a service provider of the Issuer on the vesting date. Each RSU represents a contingent right to receive one ordinary share. No exercise price is applicable. Includes 181,326 ordinary shares.
Key Figures
RSU grant size: 110,668 RSUs
Vesting date: April 5, 2027
Post-grant holdings: 291,994 ordinary shares and RSUs
+2 more
5 metrics
RSU grant size
110,668 RSUs
Granted May 13, 2026 to director Stefan Jacoby
Vesting date
April 5, 2027
Full vesting date for 110,668 RSUs
Post-grant holdings
291,994 ordinary shares and RSUs
Total direct holdings following transaction
Ordinary shares included
181,326 ordinary shares
Portion of holdings identified as ordinary shares
Exercise price
$0.00 per RSU
No exercise price applicable to RSU grant
Key Terms
Restricted Share Units (RSUs), vest, contingent right, ordinary shares
4 terms
vest financial
"which shall fully vest on April 5, 2027, subject to the Reporting Person remaining"
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.
contingent right financial
"Each RSU represents a contingent right to receive one ordinary share."
FAQ
What equity award did Innoviz Technologies (INVZ) director Stefan Jacoby receive?
Director Stefan Jacoby received an award of 110,668 Restricted Share Units (RSUs) from Innoviz Technologies. These RSUs represent a contingent right to receive ordinary shares and are part of his equity-based compensation as a director of the company.
When do Stefan Jacoby’s 110,668 RSUs at Innoviz (INVZ) vest?
The 110,668 RSUs granted to Stefan Jacoby will fully vest on April 5, 2027. Vesting is contingent on him remaining a service provider to Innoviz Technologies through that date, meaning continued service is required to receive the underlying shares.
What is the exercise price for Stefan Jacoby’s new Innoviz RSUs?
The 110,668 RSUs have no exercise price, meaning Jacoby is not required to pay to receive the shares upon vesting. Each RSU converts into one ordinary share of Innoviz Technologies once vesting conditions are satisfied, making them a straightforward equity grant.
Is Stefan Jacoby’s Innoviz RSU grant an open-market stock purchase?
No, the filing shows a grant or award acquisition, not an open-market purchase. The RSUs were granted at an effective price of $0.00 per unit as part of compensation, rather than being bought on the market by Jacoby.