Director Shaul Shani awarded 9,548 Ribbon (RBBN) shares as fees
Rhea-AI Filing Summary
Ribbon Communications Inc. director Shaul Shani reported receiving 9,548 shares of Ribbon common stock on 01/15/2026. The shares were issued in lieu of cash fees for his service on the company’s Board of Directors, with the price determined under Ribbon’s Non-Employee Director Compensation Policy. After this stock grant, he beneficially owns 170,495 shares of Ribbon common stock, held directly.
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FAQ
What did Ribbon Communications (RBBN) disclose in this Form 4?
The filing reports that director Shaul Shani received 9,548 shares of Ribbon Communications common stock on 01/15/2026, issued as compensation for his service on the Board of Directors instead of cash fees.
How many Ribbon Communications shares did director Shaul Shani receive?
Shaul Shani received 9,548 shares of Ribbon Communications common stock in a single transaction dated 01/15/2026.
What is Shaul Shani’s total Ribbon Communications share ownership after this transaction?
Following the reported stock grant, Shaul Shani beneficially owns 170,495 shares of Ribbon Communications common stock, held directly.
Was cash paid for the 9,548 Ribbon Communications shares reported in this Form 4?
No cash changed hands for this grant. The 9,548 shares represent stock issued in lieu of cash fees for Shaul Shani’s service on the Board of Directors, according to the footnote.
How was the price for the Ribbon Communications stock grant to Shaul Shani determined?
The filing states that the price for the shares was determined in accordance with Ribbon Communications’ Non-Employee Director Compensation Policy.
Is Shaul Shani a director or officer of Ribbon Communications?
According to the Form 4, Shaul Shani is a director of Ribbon Communications Inc. and is not listed as an officer or 10% owner in this filing.