Navitas CFO granted RSUs and stock options
Navitas Semiconductor Corp disclosed that its Chief Financial Officer, Tonya Stevens, received new equity compensation awards.
Rhea-AI Filing Summary
Navitas Semiconductor Corp disclosed that its Chief Financial Officer, Tonya Stevens, received new equity compensation awards. She was granted 559,912 restricted stock units that are scheduled to vest in four equal annual installments on March 20 of 2027, 2028, 2029 and 2030.
Stevens was also granted options to purchase 111,984 shares of Class A common stock at an exercise price of $7.83 per share. One fourth of these options vest on the one-year anniversary of the vesting commencement date, with the remainder vesting in equal quarterly installments until fully vested. These are compensation grants, not open‑market share purchases or sales.
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Insider Trade Summary
Grant/Award: 671,896 shares
Grant/Award
2 txns
Insider
Stevens Tonya
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to purchase (right to buy) | 111,984 | $7.83 | $877K |
| Grant/Award | Class A Common Stock | 559,912 | $0.00 | $0.00 |
Holdings After Transaction:
Option to purchase (right to buy) — 111,984 contracts (Direct);
Class A Common Stock — 559,912 shares (Direct)
Footnotes (2)
- F1. Reflects grant of restricted stock units (RSUs) scheduled to vest in increments of one-fourth on each of March 20, 2027, 2028, 2029, and 2030. RSU vesting results in the delivery of one share of issuer common stock per vested RSU following the vesting date, before sales of settled shares (or, alternatively, the withholding of shares subject to settlement) in respect of withholding taxes incurred by the reporting person upon settlement, if applicable, and subject to the issuer's equity incentive plan and applicable policies.
- F2. Reflects grant of stock options, one fourth of which vest on the one-year anniversary of the vesting commencement date, with the remaining options vesting in equal quarterly installments of one-sixteenth thereafter until fully vested. The options become exercisable upon vesting and entitle the reporting person to purchase one share of the issuer common stock per option at the exercise price set forth in this Form 4, subject to the terms of the issuer equity incentive plan and applicable policies.
Key Figures
RSUs granted: 559,912 units
Options granted: 111,984 options
Option exercise price: $7.83 per share
+4 more
7 metrics
RSUs granted
559,912 units
Restricted stock units granted to CFO on March 30, 2026
Options granted
111,984 options
Stock options granted to CFO on March 30, 2026
Option exercise price
$7.83 per share
Exercise price for 111,984 stock options
RSU vesting dates
2027–2030
RSUs vest one-fourth on March 20 each year 2027–2030
Option expiration
March 29, 2036
Final expiration date of CFO stock options
Options following transaction
111,984 options
Total options held by CFO after the reported grant
RSUs following transaction
559,912 units
Total restricted stock units held after the grant
Key Terms
restricted stock units (RSUs), equity incentive plan, vesting commencement date, exercise price, +1 more
5 terms
restricted stock units (RSUs) financial
"Reflects grant of restricted stock units (RSUs) scheduled to vest in increments of one-fourth"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
equity incentive plan financial
"subject to the issuer's equity incentive plan and applicable policies"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
vesting commencement date financial
"one fourth of which vest on the one-year anniversary of the vesting commencement date"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
exercise price financial
"entitle the reporting person to purchase one share ... at the exercise price set forth"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
stock options financial
"Reflects grant of stock options, one fourth of which vest on the one-year anniversary"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
FAQ
AI-generated analysis. How Rhea-AI works. Not financial advice.
