NXP Semiconductors (NASDAQ: NXPI) director nets shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NXP Semiconductors N.V. director Lena Olving reported routine equity compensation activity involving restricted stock units and related tax withholding. She exercised 1,035 restricted stock units into common stock and 513 common shares were withheld to cover tax obligations at a price of $297.41 per share.
She also received a new grant of 841 restricted stock units, each representing the right to receive one share of common stock. Following these transactions, Olving directly holds 5,000 shares of NXP common stock, and 841 restricted stock units remain outstanding, which will vest 100% on specific future dates tied to the company’s annual shareholder meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,035 shares exercised/converted
Mixed
4 txns
Insider
Olving Lena
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 — 5,000 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 06/11/2025 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
Tax-withholding shares: 513 shares
Tax-withholding price: $297.41 per share
RSUs exercised into common: 1,035 shares
+4 more
7 metrics
Tax-withholding shares
513 shares
Common stock disposed to cover tax liability at $297.41 per share
Tax-withholding price
$297.41 per share
Price used for 513-share tax-withholding disposition
RSUs exercised into common
1,035 shares
Restricted stock units converted to NXP common stock
New RSU grant
841 units
Restricted stock units awarded, each for one common share
Common shares after transactions
5,000 shares
Total NXP common stock directly held by Lena Olving
Tax-withholding share code
Code F
Disposition to pay tax via delivering securities
Exercise transaction code
Code M
Exercise or conversion of derivative security (RSUs to common)
Key Terms
Restricted Stock Unit, tax-withholding disposition, derivative exercise/conversion, annual general meeting of the shareholders
4 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 Lena Olving report?
Lena Olving reported exercising 1,035 restricted stock units into common stock and a tax-withholding disposition of 513 common shares. She also received a new grant of 841 restricted stock units, all held directly as part of her equity compensation at NXP Semiconductors.
Was there an open-market sale in the latest NXPI Form 4 by Lena Olving?
No open-market sale was reported. Instead, 513 common shares were disposed of to cover tax liabilities associated with equity compensation. This tax-withholding disposition is coded as “F” and differs from discretionary open-market selling activity by the director.
What new restricted stock units did Lena Olving receive from NXP Semiconductors (NXPI)?
Lena Olving received a grant of 841 restricted stock units, each representing the conditional right to receive one NXP common share. These units vest 100% on the earlier of a one-year anniversary of the grant date or the next annual general shareholders’ meeting.
How many restricted stock units did Lena Olving convert into NXP (NXPI) common stock?
She converted 1,035 restricted stock units into NXP common stock through a derivative exercise transaction. Each unit corresponded to one common share, resulting in 1,035 new shares before 513 shares were withheld to satisfy related tax obligations for the equity award.