Director Joseph R. Bronson receives 2,689-share equity award at PDF Solutions (PDFS)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BRONSON JOSEPH R reported acquisition or exercise transactions in this Form 4 filing.
PDF Solutions director Joseph R. Bronson received an equity award of 2,689 shares of Common Stock as a grant under the company’s Director Compensation Program. The award is in the form of Restricted Stock Units that vest in four equal quarterly installments, subject to his continued service.
After this grant, Bronson directly holds 40,956 shares of Common Stock reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BRONSON JOSEPH R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,689 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 40,956 shares (Direct, null)
Footnotes (1)
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Key Figures
Equity award size: 2,689 shares
Transaction price per share: $0.0000 per share
Post-transaction holdings: 40,956 shares
+1 more
4 metrics
Equity award size
2,689 shares
Grant of Common Stock/RSUs to director Joseph R. Bronson
Transaction price per share
$0.0000 per share
Equity grant under Director Compensation Program
Post-transaction holdings
40,956 shares
Bronson’s direct Common Stock ownership after the grant
Vesting structure
4 installments of 25%
RSUs vest quarterly after the grant effective date
Key Terms
Restricted Stock Units, Director Compensation Program, vesting
3 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.
FAQ
What insider transaction did PDF Solutions (PDFS) report for Joseph R. Bronson?
PDF Solutions reported that director Joseph R. Bronson received a grant of 2,689 shares of Common Stock as an equity award. The grant was made at no cash cost to him and is structured as Restricted Stock Units that vest over time.
How do the Restricted Stock Units granted to Joseph R. Bronson vest at PDF Solutions?
The Restricted Stock Units granted to Joseph R. Bronson vest in four equal installments of twenty-five percent each. Vesting occurs on the first day of each calendar quarter after the grant’s effective date, provided he continues to serve through each vesting date.