NXP Semiconductors (NXPI) EVP Hardy Nets 4,417 Shares After RSU Vesting
Rhea-AI Filing Summary
NXP Semiconductors N.V. executive Andrew Hardy, EVP and Chief Sales Officer, exercised 4,880 Restricted Stock Units into an equal number of common shares on April 30, 2026. On the same date, 2,483 shares were disposed to pay tax liabilities at $289.25 per share. After these transactions, Hardy directly holds 4,417 common shares. The Restricted Stock Units represent the right to receive one share of common stock and vest in two equal annual installments on each anniversary of the April 30, 2024 grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,397 shares
Net Buy
3 txns
Insider
Hardy Andrew
Role
EVP, Chief Sales Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 4,880 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,880 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,483 | $289.25 | $718K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 4,417 shares (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit represents the conditional right to receive one share of common stock.
- F2. The Restricted Stock Units vest in two equal annual installments on the anniversary of the 4/30/2024 grant date (subject to the terms of the reporting person's award agreement).
Key Figures
RSUs Exercised: 4880.0000 units
Common Shares Acquired: 4880.0000 shares
Shares Withheld for Taxes: 2483.0000 shares
+2 more
5 metrics
RSUs Exercised
4880.0000 units
Restricted Stock Units converted into common stock on 2026-04-30
Common Shares Acquired
4880.0000 shares
Shares received from RSU exercise/conversion on 2026-04-30
Shares Withheld for Taxes
2483.0000 shares
Tax-withholding disposition of common stock on 2026-04-30
Tax Withholding Price
$289.2500 per share
Per-share value for shares delivered to satisfy tax liability
Post-Transaction Holdings
4,417 shares
Direct common stock position after reported transactions
Key Terms
Restricted Stock Unit, tax-withholding disposition, derivative security, Rule 10b5-1
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit represents the conditional right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
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.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Rule 10b5-1 financial
"The Rule 10b5-1 checkbox is marked false for these transactions"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did NXP Semiconductors (NXPI) EVP Andrew Hardy report in this Form 4?
Andrew Hardy reported an RSU vesting and related tax withholding. He exercised 4,880 Restricted Stock Units into common stock and had 2,483 shares delivered to cover tax liabilities, resulting in direct ownership of 4,417 NXP Semiconductors shares.
What are the vesting terms of the Restricted Stock Units reported for NXPI?
Each RSU gives the right to one share and vests in two annual installments. The footnotes state the Restricted Stock Units vest in two equal annual installments on the anniversary of the April 30, 2024 grant date, subject to the award agreement.
Were Andrew Hardy’s NXPI transactions reported under a Rule 10b5-1 trading plan?
The transactions were not indicated as under a Rule 10b5-1 plan. The Form 4’s Rule 10b5-1 checkbox is marked false, and the footnotes do not reference any pre-arranged trading or 10b5-1 plan.