Rambus CAO reports 8,293 RSU-based shares
Rambus Inc disclosed that its Chief Accounting Officer holds 8,293 RSU-based common shares vesting annually starting in 2027.
Rhea-AI Filing Summary
RAMBUS INC (RMBS) reported the initial equity holdings of Chief Accounting Officer William Clarence Taulbee II on a Form 3. He holds 8,293 shares of common stock, represented by restricted stock units (RSUs) that vest in four equal annual installments beginning on September 1, 2027, with each RSU delivering one share of RMBS common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Taulbee William Clarence II
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,293 shares (Direct)
Footnotes (1)
- F1. The shares are represented by RSUs which vest in four equal annual installments beginning on September 1, 2027 or the first business trading day thereafter. Each RSU represents a contingent right to receive one share of RMBS common stock.
Key Figures
RSU-based common shares held: 8,293 shares
Vesting installments: 4 annual installments
Vesting start date: September 1, 2027
+1 more
4 metrics
RSU-based common shares held
8,293 shares
Total direct holdings of common stock represented by RSUs after the reported position
Vesting installments
4 annual installments
RSUs vest in four equal annual installments
Vesting start date
September 1, 2027
First vesting date or the first business trading day thereafter
RSU-to-share ratio
1 RSU : 1 share
Each RSU represents a contingent right to receive one share of RMBS common stock
Key Terms
RSUs, vest, contingent right
3 terms
RSUs financial
"The shares are represented by RSUs which vest in four equal annual installments"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
vest financial
"RSUs which vest in four equal annual installments beginning on September 1, 2027"
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of RMBS common stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did RMBS disclose in this Form 3 for William Clarence Taulbee II?
RMBS disclosed that Chief Accounting Officer William Clarence Taulbee II has 8,293 shares of common stock represented by RSUs, vesting in four equal annual installments starting on September 1, 2027, with each RSU converting into one share of RMBS common stock.
When do the RMBS RSUs for the Chief Accounting Officer begin vesting?
The RSUs begin vesting on September 1, 2027, or the first business trading day thereafter. Vesting then continues in four equal annual installments according to the disclosure.
What does each RSU reported by RMBS for the CAO represent?
Each RSU represents a contingent right to receive one share of RMBS common stock. The shares are delivered as the RSUs vest over the four-year schedule beginning in 2027.
Does this RMBS Form 3 report any insider buying or selling activity?
No. The Form 3 reports a holding of 8,293 RSU-based shares and provides their vesting schedule; it does not report any purchase or sale transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.