NXP Semiconductors (NXPI) director nets shares and receives new RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NXP Semiconductors director Gregory L. Summe reported routine equity compensation activity. On June 10, 2026, he exercised previously granted restricted stock units into 1,035 shares of common stock, and 513 shares were withheld to cover tax obligations. Following these transactions, he directly holds about 9,157.896 common shares841 new restricted stock units, each representing the right to receive one share of common stock. According to the terms, these RSUs vest 100% on the earlier of the first anniversary of the June 10, 2026 grant date and the next annual general meeting of NXP shareholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,035 shares exercised/converted
Mixed
4 txns
Insider
SUMME GREGORY L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,035 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 841 | $0.00 | -- |
| Exercise | Common Stock | 1,035 | $0.00 | -- |
| Tax Withholding | Common Stock | 513 | $297.41 | $153K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Common Stock — 9,157.896 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit represents the conditional right to receive one share of common stock. The Restricted Stock Units vest 100% on the earlier of the first anniversary of the 6/11/2025 grant date and the date of the next annual general meeting of the shareholders of NXP Semiconductors N.V. Each Restricted Stock Unit represents the conditional right to receive one share of the common stock. The Restricted Stock Unit vests 100% on the earlier of the first anniversary of the 06/10/2026 grant date and the date of the next annual general meeting of the shareholders of NXP Semiconductors N.V.
Key Figures
RSUs exercised: 1,035 shares
Tax-withheld shares: 513 shares at $297.41
New RSU grant: 841 units
+3 more
6 metrics
RSUs exercised
1,035 shares
Restricted Stock Units converted into common stock on June 10, 2026
Tax-withheld shares
513 shares at $297.41
Shares withheld to cover tax liability on June 10, 2026
New RSU grant
841 units
New Restricted Stock Unit award granted June 10, 2026
Common shares held
9,157.896 shares
Total direct common stock holdings after transactions
RSUs held
841 units
Remaining Restricted Stock Units after exercise and new grant
Tax withholding value
$152,532.33
513 shares withheld at $297.41 per share
Key Terms
Restricted Stock Unit, tax-withholding disposition, derivative exercise/conversion
3 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit represents the conditional right to receive one share of common stock."
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 exercise/conversion financial
"Exercise or conversion of derivative security"
FAQ
What insider transactions did NXP Semiconductors (NXPI) director Gregory L. Summe report?
Gregory L. Summe reported exercising 1,035 restricted stock units into common stock and a related tax-withholding of 513 shares. He also reported receiving a new grant of 841 restricted stock units as part of his equity compensation at NXP Semiconductors.
What are the vesting terms of Gregory L. Summe’s new NXP Semiconductors (NXPI) RSU grant?
The 841 new restricted stock units vest 100% on the earlier of the first anniversary of the June 10, 2026 grant date and the date of NXP Semiconductors’ next annual general meeting of shareholders, subject to the usual conditions described in the award.
What does the RSU exercise of 1,035 units mean for NXP Semiconductors (NXPI) director compensation?
Exercising 1,035 restricted stock units converted a prior equity award into NXP common shares, increasing Summe’s shareholdings. This is a routine compensation event, showing equity awards moving from restricted units into directly held stock as vesting conditions are satisfied over time.