Rambus (RMBS) CEO Seraphin Luc logs PRSU award and tax share withholding
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 143,744 | $0.00 | -- |
| Tax Withholding | Common Stock | 92,523 | $113.71 | $10.52M |
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?
What type of equity award did Rambus (RMBS) grant to CEO Seraphin Luc on February 1, 2026?
What does the performance condition on Seraphin Luc’s Rambus (RMBS) PRSUs involve?