SolarEdge Technologies (SEDG) awards RSU grants to director Avery More
Rhea-AI Filing Summary
AVERY MORE reported acquisition or exercise transactions in this Form 4 filing.
SolarEdge Technologies director Avery More received equity awards in the form of restricted stock units (RSUs). On June 3, 2026, he was granted 3,566 shares and 5,741 shares of common stock as non-cash awards.
According to the footnotes, one RSU grant serves as an annual award for Board service, vesting in full on the earlier of the one-year anniversary of the grant date or the next regular Annual General Meeting of Stockholders, and also vests in full upon a change in control as defined in the company’s 2015 Amended and Restated Global Incentive Plan. The other RSU grant replaces the annual cash retainer, vesting and settling 25% on the last day of each calendar quarter from July 1, 2026 through June 30, 2027. All RSUs may be settled solely in shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,741 | $0.00 | -- |
| Grant/Award | Common Stock | 3,566 | $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. Includes, 201,686 shares held by Avery More, 50,000 shares held by More CRUT (More Charitable Remainder Unitrust), 40,000 shares held by More Family 2020 DT Investment LLC, 1,000 shares held by More Generations Trust, 1,000 shares held by Yaron Generations Trust and 11,000 shares held by Avery More's wife, Jerralyn Smith More, as to which Avery More disclaims any ownership interest. 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. These RSUs may be settled solely in shares of common stock.