Rambus (RMBS) EVP reports PRSU vesting and 92,403-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rambus executive EVP, COO Fan Xianzhi Sean reported equity compensation activity in company stock. On February 1, 2026, he acquired 148,802 shares of Rambus common stock at $0 per share through vesting of performance restricted stock units, each representing one share.
On the same date, 92,403 shares were withheld at $113.71 per share to cover tax liabilities related to restricted stock unit vesting. After these transactions, he directly beneficially owned 193,954 shares of Rambus common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
FAN XIANZHI SEAN
Role
EVP, COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 148,802 | $0.00 | -- |
| Tax Withholding | Common Stock | 92,403 | $113.71 | $10.51M |
Holdings After Transaction:
Common Stock — 286,357 shares (Direct)
Footnotes (1)
- The shares are represented by performance restricted stock units, or PRSUs, all of which vest on February 1, 2026 based upon assessed achievement of the Company's performance metrics and continued service to the Company through the vesting date. Each PRSU represents a contingent right to receive one share of RMBS common stock. The shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units, or RSUs.
FAQ
What insider transaction did Rambus (RMBS) report for EVP, COO Fan Xianzhi Sean?
Rambus reported that EVP, COO Fan Xianzhi Sean had performance restricted stock units vest into 148,802 shares of common stock on February 1, 2026. A portion of these shares was then withheld to satisfy related tax obligations from restricted stock unit vesting.
What type of equity awards are referenced in the Rambus (RMBS) Form 4?
The filing references performance restricted stock units, or PRSUs, which vested based on the company’s performance metrics and continued service through February 1, 2026. Each PRSU provided a contingent right to receive one share of Rambus common stock upon meeting those vesting conditions.
What is the effective date of the Rambus (RMBS) PRSU vesting in this Form 4?
The performance restricted stock units vested on February 1, 2026, subject to assessed achievement of Rambus’s performance metrics and the reporting person’s continued service. On that date, the PRSUs converted into 148,802 shares of Rambus common stock as disclosed in the filing.