Ribbon Communications Inc. (RBBN) awards 169,721 RSUs to SVP, Deputy CFO
Rhea-AI Filing Summary
Ribbon Communications Inc. officer Rick Marmurek, SVP, Deputy CFO and CAO, received a grant of 169,721 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Ribbon Communications common stock, so the award is tied to 169,721 underlying shares.
The RSUs were issued on December 12, 2025 and will vest in two equal tranches: 50% on December 15, 2026 and the remaining 50% on December 15, 2027, meaning he will receive the underlying shares over time as the vesting dates are reached.
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FAQ
What insider equity award did Ribbon Communications Inc. (RBBN) report for Rick Marmurek?
Ribbon Communications Inc. reported that officer Rick Marmurek received a grant of 169,721 restricted stock units (RSUs), each tied to one share of the company’s common stock.
When do Rick Marmurek's Ribbon Communications (RBBN) RSUs vest?
The RSUs granted to Rick Marmurek were issued on December 12, 2025 and will vest as to 50% on December 15, 2026, with the remaining 50% vesting on December 15, 2027.
How many shares of Ribbon Communications common stock underlie Rick Marmurek's RSUs?
The award covers 169,721 restricted stock units, and each RSU represents a contingent right to receive one share of Ribbon Communications common stock, for a total of 169,721 underlying shares.
What is the exercise or purchase price of the Ribbon Communications RSUs granted to Rick Marmurek?
The reported price of the derivative security is $0 per restricted stock unit, consistent with typical RSU awards that do not require a purchase price when they vest.
What position does Rick Marmurek hold at Ribbon Communications Inc. (RBBN)?
Rick Marmurek is listed as an officer of Ribbon Communications Inc., with the title SVP, Deputy CFO and CAO.
How is each Ribbon Communications RSU defined in this insider award?
Each restricted stock unit in this award represents a contingent right to receive one share of Ribbon Communications Inc. common stock, subject to the stated vesting schedule.