Ribbon SVP exercises 37,500 RSUs
Ribbon Communications SVP, Deputy CFO and CAO Eric S. Marmurek exercised restricted stock units and settled related taxes in shares.
Rhea-AI Filing Summary
Ribbon Communications SVP, Deputy CFO and CAO Eric S. Marmurek exercised restricted stock units and settled related taxes in shares. On April 15, 2026, he exercised 37,500 Restricted Stock Units (each RSU representing a contingent right to one common share) into 37,500 shares of common stock. In connection with this vesting, 14,756 shares were withheld by the company at $2.48 per share to satisfy tax withholding obligations, rather than sold in the open market. These RSUs were originally issued on October 15, 2024, with remaining RSUs scheduled to vest on October 15, 2026. After these transactions, Marmurek directly holds 449,807 shares of Ribbon common stock, reflecting a routine compensation-related event.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSUs) | 37,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 37,500 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 14,756 | $2.48 | $37K |
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. The remaining RSUs vest on October 15, 2026.
Key Figures
Key Terms
Restricted Stock Units (RSUs) financial
contingent right financial
tax withholding obligations financial
vesting financial
Exercise or conversion of derivative security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did RBBN SVP Eric Marmurek report on this Form 4?
Were the RBBN transactions on this Form 4 open-market buys or sells?
When were the RSUs in this RBBN Form 4 originally granted and when do the remaining units vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.