RBBN insider reports 75,000 RSUs settled, 29,512 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ribbon Communications (RBBN) disclosed an insider equity event. On 10/15/2025, the SVP, Deputy CFO and CAO reported the settlement of 75,000 Restricted Stock Units (code M), delivering an equal number of common shares. To cover taxes upon vesting, 29,512 shares were withheld at $3.81 per share (code F).
Following these transactions, the officer directly beneficially owns 427,063 common shares. The RSUs were granted on 10/15/2024, vested 50% on 10/15/2025, with the remaining 50% vesting in two equal semi-annual installments through 10/15/2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
75,000 shares exercised/converted
Mixed
3 txns
Insider
Marmurek Eric S
Role
SVP, Deputy CFO and CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSUs) | 75,000 | $0.00 | -- |
| Exercise | Common Stock | 75,000 | $0.00 | -- |
| Tax Withholding | Common Stock | 29,512 | $3.81 | $112K |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 75,000 shares (Direct);
Common Stock — 456,575 shares (Direct)
Footnotes (1)
- Eash RSU represents a contingent right to receive one share of the Registrant's common stock. Reflects shares of common stock withheld by the Registrant to satisfy tax withholding obligations in connection with the vesting. The RSUs were issued on October 15, 2024 and vested as to 50% on October 15, 2025. The remaining 50% of the RSUs vest in two equal semi-annual installments thereafter through October 15, 2026.
FAQ
What did RBBN's insider report on Form 4?
An officer settled 75,000 RSUs into common stock and had 29,512 shares withheld to satisfy taxes.
Who is the reporting person in RBBN's filing?
The SVP, Deputy CFO and CAO of Ribbon Communications.
When did the RBBN transactions occur?
On 10/15/2025.
What are the vesting terms of the reported RSUs at RBBN?
Granted on 10/15/2024, vested 50% on 10/15/2025, with the remaining vesting in two equal semi-annual installments through 10/15/2026.
What do transaction codes M and F mean in RBBN's filing?
Code M indicates RSU settlement into shares; code F indicates shares withheld to pay taxes.