Ribbon director receives RSUs, acquires 67,500 shares
Ribbon Communications Inc. director Scott Mair reported equity compensation activity involving restricted stock units (RSUs) and common shares.
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Rhea-AI Filing Summary
Ribbon Communications Inc. director Scott Mair reported equity compensation activity involving restricted stock units (RSUs) and common shares. On June 16, 2026, he exercised RSUs to acquire 67,500 shares of common stock, leaving him with 208,138 common shares held directly after the transaction.
The filing also shows a new grant of 63,197 RSUs on June 15, 2026. Each RSU represents a right to receive one share of common stock. These RSUs are scheduled to vest on June 15, 2027, subject to his continued service, or earlier on the date of the company’s 2027 annual stockholder meeting under specified board service conditions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RSUs | 67,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 67,500 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units (RSUs) | 63,197 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- F2. The RSUs will vest on June 15, 2027, subject to the Reporting Person's continued service with the Issuer through such date; provided, however, that if the Issuer's 2027 Annual Meeting of Stockholders (the "2027 Annual Meeting") occurs prior to June 15, 2027, and, at such 2027 Annual Meeting, the Reporting Person either chooses not to stand for re-election to the Issuer's Board of Directors or, after standing for re-election, is not re-elected, then these RSUs will vest as of the date of the 2027 Annual Meeting.
- F3. The RSUs were awarded on June 16, 2025 and vested in full on June 16, 2026.
Key Figures
Key Terms
Restricted Stock Units (RSUs) financial
derivative exercise/conversion financial
grant, award, or other acquisition financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Ribbon Communications (RBBN) director Scott Mair report?
What are the terms of Scott Mair’s new RSU grant at Ribbon Communications (RBBN)?
Did Scott Mair buy or sell Ribbon Communications (RBBN) stock on the open market?
When were Scott Mair’s previously reported RSUs at Ribbon Communications (RBBN) granted and vested?
AI-generated analysis. How Rhea-AI works. Not financial advice.