Director Nancy Erba receives 2,689 RSUs at PDF Solutions (PDFS)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Erba Nancy reported acquisition or exercise transactions in this Form 4 filing.
PDF Solutions director Nancy Erba reported a compensation-related stock grant. She received an award of 2,689 shares of Common Stock in the form of Restricted Stock Units at no cost under the company’s Director Compensation Program.
The RSUs vest in four equal installments of twenty-five percent on the first day of each calendar quarter following the grant effective date, contingent on her continued service. Following this award, she holds 11,943 shares directly and 31,868 shares indirectly through a trust, reflecting routine equity compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Erba Nancy
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,689 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 11,943 shares (Direct, null);
Common Stock — 31,868 shares (Indirect, By Trust)
Footnotes (1)
- [object Object]
Key Figures
RSU grant: 2,689 shares
Direct holdings after grant: 11,943 shares
Indirect holdings by trust: 31,868 shares
+1 more
4 metrics
RSU grant
2,689 shares
Restricted Stock Units awarded to director Nancy Erba
Direct holdings after grant
11,943 shares
Common Stock directly owned following the RSU award
Indirect holdings by trust
31,868 shares
Common Stock held indirectly through a trust
Vesting schedule
4 installments of 25%
Quarterly vesting of Total RSUs after grant effective date
Key Terms
Restricted Stock Units, Director Compensation Program, vesting, By Trust
4 terms
Restricted Stock Units financial
"These shares represent an award of Restricted Stock Units (Total RSU) under the Company's Director Compensation Program."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Director Compensation Program financial
"These shares represent an award of Restricted Stock Units (Total RSU) under the Company's Director Compensation Program."
vesting financial
"RSU shall vest in four (4) equal installments of twenty-five percent (25%) of the Total RSUs, with vesting occurring on the first day of each calendar quarter"
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.
By Trust financial
"total_shares_following_transaction 31868.0000, direct_or_indirect I, nature_of_ownership By Trust"
FAQ
What did PDF Solutions (PDFS) director Nancy Erba report in this Form 4?
Nancy Erba reported a compensation-related equity award rather than a market trade. She received 2,689 Restricted Stock Units of PDF Solutions Common Stock at no cost, under the company’s Director Compensation Program, with vesting tied to her continued service on the board over future quarters.
How many RSUs did Nancy Erba receive from PDF Solutions (PDFS)?
She received 2,689 Restricted Stock Units of PDF Solutions Common Stock. The award is part of the company’s Director Compensation Program and carries no purchase price. These RSUs convert into shares as they vest over time, increasing her equity-based compensation stake in the company.
How will Nancy Erba’s new RSU grant at PDF Solutions (PDFS) vest?
The RSU award vests in four equal installments of twenty-five percent each. Vesting occurs on the first day of each calendar quarter after the grant effective date, provided she continues serving through each vesting date, gradually delivering the underlying Common Stock over those quarters.