SolarEdge (NASDAQ: SEDG) director awarded RSUs for board service
Rhea-AI Filing Summary
Gross Dana Rebecca reported acquisition or exercise transactions in this Form 4 filing.
SolarEdge Technologies director Dana Rebecca Gross reported two equity awards of common stock in the form of restricted stock units (RSUs). One grant covers 756 RSUs as an annual award for board service, vesting in full on the earlier of the one-year anniversary of the grant date or the company’s next regular Annual General Meeting of Stockholders, and accelerating upon a change in control under the 2015 Global Incentive Plan. A second grant covers 2,634 RSUs in lieu of an annual cash retainer, vesting 25% on the last day of each calendar quarter from July 1, 2026 through June 30, 2027. Following these awards, she directly holds 19,931 shares and RSUs that are subject to vesting.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,634 | $0.00 | -- |
| Grant/Award | Common Stock | 756 | $0.00 | -- |
Footnotes (1)
- Reflects restricted stock units ("RSUs") granted to the reporting person as an annual award for service on the Board of Directors. The RSUs will vest in full on the earlier of (i) the one-year anniversary of the grant date or (ii) the Company's next regular Annual General Meeting of Stockholders, subject to continued board service through the applicable vesting date. The RSUs will vest in full upon the occurrence of a change in control (as defined in the SolarEdge Technologies, Inc. Amended and Restated 2015 Global Incentive Plan). These RSUs may be settled solely in shares of common stock. Reflects restricted stock units ("RSUs") granted to the reporting person in lieu of annual cash retainer for service on the Board of Directors, which shall vest and settle as to 25% on the last day of each calendar quarter during the period from July 1, 2026 through June 30, 2027. Reflects shares of common stock held and RSUs that are subject to vesting.