SolarEdge (SEDG) director Gilad Almogy receives 2,634 RSUs as board award
Rhea-AI Filing Summary
Almogy Gilad reported acquisition or exercise transactions in this Form 4 filing.
SolarEdge Technologies director Gilad Almogy received a grant of 2,634 restricted stock units (RSUs) of common stock as annual compensation for Board service. The award is recorded at a price of $0.00 per share, reflecting that it is an equity grant, not an open‑market purchase.
The RSUs will vest 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, subject to continued Board service. They will also vest in full upon a change in control under the company’s 2015 Amended and Restated Global Incentive Plan and may be settled solely in shares of common stock.
Following this grant, Almogy’s direct holdings, including shares of common stock and time‑based RSUs, total 27,653.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,634 | $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. 2015 Amended and Restated Global Incentive Plan). These RSUs may be settled solely in shares of common stock. Reflects shares of common stock held and RSUs that are subject to vesting.