Ribbon Communications CFO receives 37,500 shares
The RSUs were issued October 15, 2024; the remaining 50% vested in two equal semi-annual installments through October 15, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Ribbon Communications Inc. EVP, Chief Financial Officer Eric S. Marmurek reported the conversion of 37,500 restricted stock units into 37,500 common shares on October 15, 2026, as the units vested. Ribbon withheld 14,756 common shares at $1.46 per share to satisfy tax withholding obligations related to vesting. Each RSU represented a contingent right to receive one common share.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSUs) F1, F3 | 37,500 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 37,500 | -- | -- |
| Tax Withholding | Common Stock F2 | 14,756 | $1.46 | $22K |
Footnotes (3)
- F1. Eash RSU represents a contingent right to receive one share of the Registrant's common stock.
- F2. Reflects shares of common stock withheld by the Registrant to satisfy tax withholding obligations in connection with the vesting.
- F3. The RSUs were issued on October 15, 2024 and vested as to 50% on October 15, 2025. The remaining 50% of the RSUs vested in two equal semi-annual installments thereafter through October 15, 2026.
Key Figures
Key Terms
Restricted Stock Units (RSUs) financial
tax withholding obligations financial
semi-annual installments financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What was the vesting schedule for Eric S. Marmurek's RBBN RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.