SolarEdge (NASDAQ: SEDG) CFO awarded 13,984 RSUs in new equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sigron Maoz reported acquisition or exercise transactions in this Form 4 filing.
SOLAREDGE TECHNOLOGIES, INC. Chief Financial Officer Maoz Sigron reported an equity compensation award in the form of restricted stock units. He was granted 13,984 shares of common stock at no purchase price, bringing his directly held and unvested equity position to 13,984 shares.
The RSUs will vest over time, with 25% scheduled to vest on May 31, 2027 and the remainder vesting in equal quarterly installments over the following three years, subject to his continued service. The RSUs may only be settled in shares of common stock, meaning this award directly ties a portion of his compensation to the company’s future share performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sigron Maoz
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,984 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 13,984 shares (Direct, null)
Footnotes (1)
- Represents restricted stock units ("RSUs") that will vest on May 31, 2027 with respect to the first 25% of the RSUs and then in equal quarterly installments for the three years thereafter, subject to continued service through each vesting date. These RSUs may only be settled in shares of common stock. Reflects shares of common stock held and RSUs that are subject to vesting.
Key Figures
RSUs granted: 13,984 shares
Grant price: $0.00 per share
Holdings after grant: 13,984 shares
+2 more
5 metrics
RSUs granted
13,984 shares
Restricted stock unit award to CFO Maoz Sigron
Grant price
$0.00 per share
Reported price for the RSU acquisition
Holdings after grant
13,984 shares
Total common stock and RSUs following transaction
Initial vesting date
May 31, 2027
First 25% of RSUs vest
Initial vesting fraction
25% of RSUs
Portion vesting on May 31, 2027
Key Terms
restricted stock units ("RSUs"), vest, equal quarterly installments, subject to continued service
4 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") that will vest on May 31, 2027"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vest financial
"will vest on May 31, 2027 with respect to the first 25% of the RSUs"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
equal quarterly installments financial
"and then in equal quarterly installments for the three years thereafter"
subject to continued service financial
"thereafter, subject to continued service through each vesting date"
FAQ
What insider transaction did SolarEdge (SEDG) disclose for CFO Maoz Sigron?
SolarEdge disclosed that CFO Maoz Sigron received 13,984 restricted stock units as an equity grant. The award is at no purchase price and represents both shares of common stock held and RSUs subject to future vesting, aligning his compensation with company performance.
What is the vesting schedule for the CFO’s new SolarEdge (SEDG) RSUs?
The 13,984 restricted stock units will vest 25% on May 31, 2027, with the remaining RSUs vesting in equal quarterly installments over the following three years. Vesting is contingent on continued service through each vesting date, encouraging long-term executive retention.
Are the SolarEdge (SEDG) RSUs granted to the CFO settled in cash or stock?
The restricted stock units granted to the CFO may only be settled in shares of SolarEdge common stock. This means the value of the award depends entirely on future share price performance, reinforcing equity-based compensation rather than cash payments over the vesting period.