Ribbon director exercises 42,500 RSUs, gets new grant
Ribbon Communications director Stewart R. Ewing Jr. reported equity compensation activity, not open‑market trading.
Rhea-AI Filing Summary
Ribbon Communications director Stewart R. Ewing Jr. reported equity compensation activity, not open‑market trading. On June 16, 2026, he exercised 42,500 restricted stock units (RSUs), receiving an equal number of common shares and bringing his direct holdings to 239,891 shares.
On June 15, 2026, he also received a new grant of 63,197 RSUs. According to the terms, these RSUs are scheduled to vest on June 15, 2027, subject to his continued service, or earlier on the date of the company’s 2027 Annual Meeting of Stockholders if he does not stand for, or is not, re‑elected. Each RSU represents a contingent right to receive one share of Ribbon common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
42,500 shares exercised/converted
Exercise
3 txns
Insider
EWING R STEWART JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RSUs | 42,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 42,500 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units (RSUs) | 63,197 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 63,197 contracts (Direct);
RSUs — 0 contracts (Direct);
Common Stock — 239,891 shares (Direct)
Footnotes (3)
- F1. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- F2. The RSUs will vest on June 15, 2027, subject to the Reporting Person's continued service with the Issuer through such date; provided, however, that if the Issuer's 2027 Annual Meeting of Stockholders (the "2027 Annual Meeting") occurs prior to June 15, 2027, and, at such 2027 Annual Meeting, the Reporting Person either chooses not to stand for re-election to the Issuer's Board of Directors or, after standing for re-election, is not re-elected, then these RSUs will vest as of the date of the 2027 Annual Meeting.
- F3. The RSUs were awarded on June 16, 2025 and vested in full on June 16, 2026.
Key Figures
RSUs exercised: 42,500 shares
Shares held after exercise: 239,891 shares
New RSU grant: 63,197 units
+2 more
5 metrics
RSUs exercised
42,500 shares
RSUs converted into common stock on June 16, 2026
Shares held after exercise
239,891 shares
Director’s direct common stock holdings after June 16, 2026
New RSU grant
63,197 units
RSUs granted on June 15, 2026 to director
RSU vesting date
June 15, 2027
Scheduled vesting for 63,197-unit RSU grant, subject to conditions
RSU-to-share ratio
1 RSU : 1 share
Each RSU represents one Ribbon common share
Key Terms
Restricted Stock Units (RSUs), contingent right, vest, Annual Meeting of Stockholders
4 terms
Restricted Stock Units (RSUs) financial
"Restricted Stock Units (RSUs) were granted and later vested into common stock."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock."
vest financial
"The RSUs will vest on June 15, 2027, subject to the Reporting Person's continued service."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Annual Meeting of Stockholders financial
"If the Issuer's 2027 Annual Meeting of Stockholders occurs prior to June 15, 2027, vesting may accelerate."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Ribbon Communications (RBBN) report for Stewart R. Ewing Jr.?
Ribbon Communications director Stewart R. Ewing Jr. reported non‑market equity compensation activity, including the exercise of 42,500 RSUs into common stock and a separate grant of 63,197 new RSUs, all recorded as acquisitions rather than open‑market purchases or sales.
What are the vesting terms for the 63,197 RSUs granted to Ribbon’s director Ewing?
The 63,197 RSUs granted to director Stewart R. Ewing Jr. are scheduled to vest on June 15, 2027, if he remains in service. If the 2027 Annual Meeting occurs earlier and he is not re‑elected or does not stand, they vest on that meeting date instead.
What do the 42,500 RSUs exercised by Ribbon’s director represent?
Each of the 42,500 RSUs exercised represents a contingent right to receive one Ribbon Communications common share. These RSUs were previously awarded on June 16, 2025 and fully vested on June 16, 2026, then settled into common stock in the reported transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
