Rambus (RMBS) CEO Seraphin Luc logs PRSU award and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rambus Inc. President and CEO Seraphin Luc reported equity compensation and related tax withholding in company stock. On February 1, 2026, he acquired 143,744 shares of common stock at $0 per share, represented by performance restricted stock units that vest based on company performance metrics and continued service through February 1, 2026.
On the same date, 92,523 shares of common stock were withheld at a price of $113.71 per share to satisfy his tax liability arising from the vesting of restricted stock units. After these transactions, he directly beneficially owned 370,984 shares of Rambus common stock, including 522 shares acquired through the Rambus Inc. 2015 Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Seraphin Luc
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 143,744 | $0.00 | -- |
| Tax Withholding | Common Stock | 92,523 | $113.71 | $10.52M |
Holdings After Transaction:
Common Stock — 463,507 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. Includes an exempt transaction of 522 shares acquired through the Rambus Inc. 2015 Employee Stock Purchase Plan. 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 transactions did Rambus (RMBS) CEO Seraphin Luc report on February 1, 2026?
Seraphin Luc reported receiving 143,744 Rambus common shares at $0 per share and a withholding of 92,523 shares at $113.71 per share. The withholding covered tax obligations from restricted stock unit vesting, and all positions are reported as directly owned common stock.
What type of equity award did Rambus (RMBS) grant to CEO Seraphin Luc on February 1, 2026?
The award is represented by 143,744 performance restricted stock units, or PRSUs, each linked to one share of Rambus common stock. All PRSUs vest on February 1, 2026, based on assessed achievement of company performance metrics and continued employment through the vesting date.
What does the performance condition on Seraphin Luc’s Rambus (RMBS) PRSUs involve?
The performance restricted stock units vest based on Rambus’ assessed achievement of its performance metrics and Seraphin Luc’s continued service through February 1, 2026. Each vested PRSU entitles him to receive one share of Rambus common stock upon satisfaction of these conditions.