Ribbon (RBBN) CEO reports 34,421 RSUs vest; $3.81 tax withholding
Ribbon Communications (RBBN) reported an insider equity transaction by its President & CEO and Director.
Rhea-AI Filing Summary
Ribbon Communications (RBBN) reported an insider equity transaction by its President & CEO and Director. On 10/17/2025, 34,421 Restricted Stock Units (RSUs) converted into common stock. To cover taxes on the vesting, 13,544 shares were withheld by the issuer at $3.81 per share. Following these transactions, the reporting person directly owned 1,479,164 common shares.
The RSUs were granted on April 17, 2023, vesting one-third on April 17, 2024, with the remaining two-thirds vesting in four equal semi‑annual installments through April 17, 2026. Derivative holdings reported include 34,420 RSUs beneficially owned after the transaction.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSUs) | 34,421 | $0.00 | $0.00 |
| Exercise | Common Stock | 34,421 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 13,544 | $3.81 | $52K |
Footnotes (3)
- F1. Each Restricted Stock Unit (RSU) converts into common stock on a one-for-one basis.
- F2. Reflects shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting.
- F3. The RSUs were granted on April 17, 2023 and vested as to one-third on April 17, 2024; the remaining two-thirds of the RSUs vest in four equal semi-annual installments thereafter through April 17, 2026.
FAQ
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What did RBBN’s CEO report on Form 4?
What is the vesting schedule of the reported RSUs at RBBN?
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AI-generated analysis. How Rhea-AI works. Not financial advice.