[Form 4] NIQ Global Intelligence plc Insider Trading Activity
NIQ Global Intelligence plc reported a grant of 405,093 restricted share units (RSUs) to Michael J. Burwell, who is listed as Chief Financial Officer and a director. The RSUs were granted on 08/20/2025 at a grant price of $0, and each RSU represents a contingent right to one ordinary share.
The RSUs vest in four equal installments of 25% on each anniversary of the vesting commencement date, which is August 20, 2025, meaning full vesting will occur over four years if vesting conditions are met. Following the grant, the filing reports 405,093 ordinary shares beneficially owned by the reporting person.
- Large RSU grant disclosed: 405,093 RSUs granted to the reporting person
- Clear vesting schedule: RSUs vest 25% annually on each anniversary beginning 08/20/2025
- Report filed for an officer and director: Michael J. Burwell listed as CFO and director
- Transaction transparency: Form 4 reports grant date 08/20/2025 and post-transaction beneficial ownership of 405,093 shares
- None.
Insights
TL;DR A substantial RSU award to the CFO aligns long-term pay with company equity ownership and is material for governance and disclosure.
The Form 4 discloses a grant of 405,093 RSUs to Michael J. Burwell dated 08/20/2025 with a zero grant price and standard four-year annual vesting in 25% increments from the stated commencement date. This is a material compensation event requiring Section 16 reporting because it creates potential future share issuance and changes insider beneficial ownership. The filing appears complete for the transaction type reported and is signed by an attorney-in-fact on behalf of the reporting person.
TL;DR The award is a large equity grant that vests over four years, impacting future share-based compensation expense and potential dilution.
The reported RSU grant of 405,093 units at $0 per unit vests 25% annually starting 08/20/2025, implying multi-year expense recognition if RSUs are accounted for under share-based payment rules. The disclosure specifies each RSU converts to one ordinary share upon vesting. The Form 4 reports the post-transaction beneficial ownership as 405,093 shares, consistent with the grant being newly awarded rather than a purchase or sale.