Ribbon Communications (RBBN) director adds 67,500 shares via RSUs, gets new grant
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
67,500 shares exercised/converted
Mixed
3 txns
Insider
Mair Scott
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RSUs | 67,500 | $0.00 | -- |
| Exercise | Common Stock | 67,500 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (RSUs) | 63,197 | $0.00 | -- |
Holdings After Transaction:
RSUs — 0 shares (Direct, null);
Common Stock — 208,138 shares (Direct, null);
Restricted Stock Units (RSUs) — 63,197 shares (Direct, null)
Footnotes (1)
- Each RSU represents a contingent right to receive one share of the Issuer's common stock. 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. The RSUs were awarded on June 16, 2025 and vested in full on June 16, 2026.
Key Figures
Shares acquired from RSUs: 67,500 shares
Post-transaction common shares: 208,138 shares
New RSU grant size: 63,197 RSUs
+2 more
5 metrics
Shares acquired from RSUs
67,500 shares
Common stock received on June 16, 2026 from RSU exercise
Post-transaction common shares
208,138 shares
Director’s direct holdings after June 16, 2026 transaction
New RSU grant size
63,197 RSUs
Restricted Stock Units granted on June 15, 2026
RSU vesting date
June 15, 2027
Scheduled vesting for 63,197 RSUs, subject to service
Prior RSU award vesting
June 16, 2026
Previously awarded RSUs vested in full on this date
Key Terms
Restricted Stock Units (RSUs), derivative exercise/conversion, grant, award, or other acquisition, contingent right
4 terms
Restricted Stock Units (RSUs) financial
"Restricted Stock Units (RSUs) were granted and later converted into common stock."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
derivative exercise/conversion financial
"The transaction is classified as a derivative exercise/conversion of RSUs into common shares."
grant, award, or other acquisition financial
"One transaction is described as a grant, award, or other acquisition of RSUs."
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock."
FAQ
What insider transactions did Ribbon Communications (RBBN) director Scott Mair report?
Scott Mair reported acquiring 67,500 shares of Ribbon common stock through RSU settlement and receiving a new grant of 63,197 restricted stock units. These transactions reflect equity compensation rather than open-market buying or selling of RBBN shares.
What are the terms of Scott Mair’s new RSU grant at Ribbon Communications (RBBN)?
Mair received 63,197 restricted stock units, each representing one share of Ribbon common stock. These RSUs are scheduled to vest on June 15, 2027, subject to continued board service, or earlier on the date of the 2027 annual stockholder meeting under specific conditions.
Did Scott Mair buy or sell Ribbon Communications (RBBN) stock on the open market?
The Form 4 shows no open-market purchases or sales. Instead, it reports an RSU-based acquisition of 67,500 Ribbon shares and a new grant of 63,197 RSUs, both classified as equity compensation and derivative exercises rather than market trades.
When were Scott Mair’s previously reported RSUs at Ribbon Communications (RBBN) granted and vested?
A prior RSU award was granted on June 16, 2025 and vested in full on June 16, 2026. Settlement of these 67,500 vested RSUs into common stock is what produced the 67,500-share acquisition reported in the current Form 4 filing.