Sinda Ltd. (SIND) executive chairman details RSU and option stakes
Rhea-AI Filing Summary
Sinda Ltd. Executive Chairman Muniz Quintanilla Daniel filed an initial statement of beneficial ownership, detailing his equity position in the company. He reports 330,000 restricted stock units granted on November 15, 2025 that vest 100% on the earlier of December 21, 2028 or the closing of Sinda’s initial public offering, with each unit representing one share of common stock.
He also holds several stock option awards over common shares, including options granted on May 28, 2021 with exercise prices of $4.90 and $2.10 per share that either vest in five substantially equal annual installments on the first five anniversaries of the grant date or are already fully vested, and an additional fully vested option grant from November 15, 2025. These entries reflect existing holdings rather than new purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Muniz Quintanilla Daniel
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 3,350,000 shares (Direct);
Common Stock — 330,000 shares (Direct)
Footnotes (5)
- F1. Includes 330,000 restricted stock units ("RSUs") granted on November 15, 2025 that vest 100% on the earlier of December 21, 2028 or at closing of the Issuer's initial public offering. Each RSU represents a contingent right to receive on share of common stock.
- F2. These stock options were granted on May 28, 2021 and vest in five substantially equal annual installments on the first five anniversaries of the grant date.
- F3. These stock options were granted on May 28, 2021 and are fully vested.
- F4. These stock options were granted on May 28, 2021 and vest in five substantially equal annual installments on the first five anniversaries of the grant date.
- F5. These stock options were granted on November 15, 2025 and are fully vested.
Key Figures
Restricted stock units: 330,000 units
RSU conversion: 1 share per unit
Option exercise price: $4.90 per share
+5 more
8 metrics
Restricted stock units
330,000 units
Granted November 15, 2025; vest on earlier of December 21, 2028 or IPO closing
RSU conversion
1 share per unit
Each RSU represents a contingent right to one common share
Option exercise price
$4.90 per share
Stock options over common stock granted May 28, 2021
Option exercise price
$2.10 per share
Additional stock options over common stock granted May 28, 2021
Underlying shares (option block)
500,000 shares
Common stock underlying a $4.90 exercise price option expiring November 15, 2035
Underlying shares (option block)
1,400,000 shares
Common stock underlying a $4.90 exercise price option expiring May 28, 2031
Underlying shares (option block)
50,000 shares
Common stock underlying a $2.10 exercise price option expiring May 28, 2031
Underlying shares (option block)
1,400,000 shares
Common stock underlying a $2.10 exercise price option expiring May 28, 2031
Key Terms
restricted stock units, RSUs, Stock Option (Right to Buy), exercise price, +1 more
5 terms
restricted stock units financial
"Includes 330,000 restricted stock units ("RSUs") granted on November 15, 2025"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Each RSU represents a contingent right to receive on share of common stock."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
exercise price financial
"conversion_or_exercise_price": "4.9000""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date": "2035-11-15T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What does Sinda Ltd. (SIND) disclose in this Form 3 filing?
Sinda Ltd. discloses Executive Chairman Muniz Quintanilla Daniel’s initial beneficial ownership. The filing lists 330,000 restricted stock units plus multiple stock option awards, including grants from 2021 and 2025 with defined vesting schedules and exercise prices.
How many restricted stock units does Sinda’s Executive Chairman hold?
He holds 330,000 restricted stock units granted on November 15, 2025. These RSUs vest 100% on the earlier of December 21, 2028 or the closing of Sinda Ltd.’s initial public offering, with each unit representing one share of common stock.
What stock option grants are reported for Sinda Ltd. (SIND)’s Executive Chairman?
The filing reports several stock option awards over common shares with exercise prices of $4.90 and $2.10 per share. Options granted on May 28, 2021 either vest in five equal annual installments or are fully vested, and another grant from November 15, 2025 is fully vested.
Are there any stock purchases or sales in this Sinda Ltd. Form 3?
No purchases or sales are reported; this Form 3 records existing holdings. It lists restricted stock units and stock options, indicating vesting terms and exercise prices, rather than new market transactions or changes in ownership through buying or selling.
When do the reported Sinda Ltd. stock options expire?
The stock options reported have expiration dates including May 28, 2031 and November 15, 2035. These long-dated expirations give the Executive Chairman extended periods during which he may choose to exercise his rights to buy Sinda common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
