Navitas CEO granted options and RSUs
Navitas Semiconductor Corp President and CEO Chris Allexandre reported compensation-related equity grants.
Rhea-AI Filing Summary
Navitas Semiconductor Corp President and CEO Chris Allexandre reported compensation-related equity grants. He received stock options covering 545,267 shares of Class A common stock at an exercise price of $9.0000 per share, expiring on March 31, 2036.
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. He also received 272,633 restricted stock units that vest in four equal installments on March 20, 2027, 2028, 2029, and 2030. Following the RSU grant, his direct Class A common stock holdings total 1,085,956 shares.
Positive
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Insider Trade Summary
Grant/Award: 817,900 shares
Grant/Award
2 txns
Insider
Allexandre Chris
Role
PRESIDENT AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to purchase (right to buy) | 545,267 | $9.00 | $4.91M |
| Grant/Award | Class A Common Stock | 272,633 | $0.00 | $0.00 |
Holdings After Transaction:
Option to purchase (right to buy) — 545,267 contracts (Direct);
Class A Common Stock — 1,085,956 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
Stock options granted: 545,267 options at $9.0000/share
RSUs granted: 272,633 RSUs
Shares held after RSU grant: 1,085,956 shares
+3 more
6 metrics
Stock options granted
545,267 options at $9.0000/share
Option grant on April 1, 2026; Class A Common Stock underlying
RSUs granted
272,633 RSUs
Restricted stock units vesting annually 2027-2030
Shares held after RSU grant
1,085,956 shares
Total direct Class A common stock following non-derivative transaction
Option expiration date
March 31, 2036
Expiration of granted stock options
Option vesting structure
25% after one year; remainder quarterly
One-year cliff, then equal quarterly installments until fully vested
RSU vesting dates
March 20, 2027–2030
RSUs vest in four equal annual tranches
Key Terms
restricted stock units (RSUs), stock options, equity incentive plan, vesting, +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.
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.
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 financial
"RSU vesting results in the delivery of one share of issuer common stock per vested RSU"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
exercise price financial
"purchase one share of the issuer common stock per option at the exercise price"
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.
FAQ
How do the new restricted stock units for NVTS CEO vest?
The 272,633 RSUs vest in four equal annual installments. One-fourth vests on each of March 20, 2027, 2028, 2029, and 2030, with one share of common stock delivered per vested RSU, subject to tax withholding and plan terms.
What are the vesting terms of the new stock options granted to the NVTS CEO?
The options vest over several years with an initial one-year cliff. One fourth of the 545,267 options vest on the one-year anniversary of the vesting commencement date, with the remaining options vesting in equal quarterly installments until fully vested, then becoming exercisable.
What is the exercise price and expiration for the NVTS CEO’s new stock options?
The granted options have an exercise price of $9.0000 per share. They relate to 545,267 shares of Class A common stock and are scheduled to expire on March 31, 2036, subject to the company’s equity incentive plan and applicable policies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
