RBBN CFO reports RSU vest: 128,205 shares; tax withholding at $3.81
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ribbon Communications (RBBN) reported an insider equity transaction by its EVP and Chief Financial Officer, John Townsend. On October 15, 2025, he acquired 128,205 shares of Common Stock via conversion of previously granted RSUs. In connection with the vesting, 50,448 shares were withheld by the issuer to satisfy tax obligations at $3.81 per share.
Following these transactions, Townsend held 77,757 shares directly. He also retained 102,564 RSUs outstanding. The RSUs were granted on October 15, 2024, with one-third vesting on October 15, 2025; the remaining two-thirds vest in four equal semi-annual installments through October 15, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
128,205 shares exercised/converted
Mixed
3 txns
Insider
Townsend John Raymond
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSUs) | 128,205 | $0.00 | -- |
| Exercise | Common Stock | 128,205 | $0.00 | -- |
| Tax Withholding | Common Stock | 50,448 | $3.81 | $192K |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 102,564 shares (Direct);
Common Stock — 128,205 shares (Direct)
Footnotes (1)
- These RSUs convert to Common Stock on a one-for-one basis. Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting. The RSUs were granted on October 15, 2024 and vested as to one-third on October 15, 2025; the remaining two-thirds of the RSUs vest in four equal semi-annual installments thereafter through October 15, 2027.
FAQ
What insider transaction did Ribbon Communications (RBBN) disclose?
The CFO, John Townsend, acquired 128,205 Common Stock shares via RSU conversion on October 15, 2025.
How many RSUs remain outstanding for the RBBN CFO?
He retained 102,564 RSUs outstanding after the conversion and withholding.
What is the vesting schedule for the CFO’s RSUs at Ribbon (RBBN)?
Granted on October 15, 2024; one-third vested on October 15, 2025, with the remaining two-thirds vesting in four equal semi-annual installments through October 15, 2027.
What is John Townsend’s role at Ribbon Communications (RBBN)?
He is the company’s EVP, Chief Financial Officer.