NICE CEO receives 70,000 RSUs and 28,000 PSUs
NICE Ltd. reported that Chief Executive Officer Russell Scott Edward received equity compensation and had a small tax-related share disposition.
Rhea-AI Filing Summary
NICE Ltd. reported that Chief Executive Officer Russell Scott Edward received equity compensation and had a small tax-related share disposition. On June 9, 2026, he was granted 70,000 Ordinary Shares in the form of restricted stock units that vest in four equal annual installments beginning on February 18, 2027. He was also granted 28,000 Performance Share Units, each tied to one Ordinary Share and eligible to vest over a three-year performance period ending February 18, 2029, based on specified stock price performance thresholds. On July 1, 2026, 2,051 Ordinary Shares were disposed of at $90.85 per share to cover tax obligations, a non-market tax-withholding transaction. Following these transactions, he directly holds 131,887 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Russell Scott Edward
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 2,051 | $90.85 | $186K |
| Grant/Award | Performance Share Units | 28,000 | $0.00 | $0.00 |
| Grant/Award | Ordinary Shares | 70,000 | $0.00 | $0.00 |
Holdings After Transaction:
Performance Share Units — 28,000 contracts (Direct);
Ordinary Shares — 131,887 shares (Direct)
Footnotes (2)
- F1. Represents an award of restricted stock units ("RSUs") that will vest in four equal annual installments beginning on February 18, 2027. Each RSU represents a contingent right to receive one Ordinary Share.
- F2. Each Performance Share Unit represents a contingent right to receive one Ordinary Share of the Issuer. The Performance Share Units are eligible to vest over a three-year performance period ending February 18, 2029, subject to adjustments in accordance with the terms of the awards, based upon the Issuer's achievement of specified stock price performance thresholds.
Key Figures
RSU grant: 70,000 shares
PSU grant: 28,000 units
Tax-withholding shares: 2,051 shares
+4 more
7 metrics
RSU grant
70,000 shares
Ordinary Shares via RSUs granted June 9, 2026
PSU grant
28,000 units
Performance Share Units granted June 9, 2026
Tax-withholding shares
2,051 shares
Ordinary Shares disposed July 1, 2026
Tax-withholding price
$90.85/share
Price per Ordinary Share for tax-withholding disposition
Post-transaction holdings
131,887 shares
Ordinary Shares held directly after July 1, 2026
RSU vesting start
February 18, 2027
First vesting date for RSU award
PSU performance period end
February 18, 2029
End of three-year PSU performance period
Key Terms
restricted stock units ("RSUs"), Performance Share Units, tax-withholding disposition, stock price performance thresholds
4 terms
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs") that will vest in four equal annual installments"
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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
stock price performance thresholds financial
"based upon the Issuer's achievement of specified stock price performance thresholds"
FAQ
What equity awards did NICE (NICE) grant to its CEO in this Form 4?
NICE granted its CEO 70,000 restricted stock units and 28,000 Performance Share Units. The RSUs convert into Ordinary Shares over time, while the PSUs vest based on stock price performance over a defined three-year period.
How do the 70,000 RSUs awarded to NICE (NICE) CEO vest?
The 70,000 RSUs vest in four equal annual installments beginning on February 18, 2027. Each RSU represents a contingent right to receive one Ordinary Share if the vesting conditions are satisfied.
Are the equity transactions in this NICE (NICE) Form 4 open-market trades?
No, the transactions consist of equity grants and a tax-withholding disposition. The RSUs and Performance Share Units are compensation awards, while the share disposition covers tax liabilities rather than representing an open-market sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
