Sinda Ltd. (SIND) CFO receives 208,334 RSUs and 416,667 options in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sinda Ltd. reported that Chief Financial Officer Barreto Espantoso Luis M received equity compensation on June 29, 2026. He was granted 208,334 restricted stock units, each representing one share of common stock, bringing his direct common stock holdings to 238,334 shares after the award.
He was also granted 416,667 stock options to buy common stock at an exercise price of $12.00 per share, all held directly, with 416,667 derivative shares outstanding after the grant. Both the RSUs and options vest in four equal annual installments of 25% on each of the first four anniversaries of the grant date, subject to his continued service, highlighting that this is a multi‑year compensation package rather than an open‑market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Barreto Espantoso Luis M
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 416,667 | $0.00 | -- |
| Grant/Award | Common Stock | 208,334 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 416,667 shares (Direct, null);
Common Stock — 238,334 shares (Direct, null)
Footnotes (1)
- Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest 25% on each of the first four anniversaries of the grant date, subject to the reporting person's continued service through such date. These stock options vest 25% on each of the first four anniversaries of the grant date, subject to the reporting person's continued service through such date.
Key Figures
RSUs granted: 208,334 RSUs
Common shares after grant: 238,334 shares
Stock options granted: 416,667 options
+4 more
7 metrics
RSUs granted
208,334 RSUs
Restricted stock units granted on June 29, 2026
Common shares after grant
238,334 shares
Direct common stock holdings following RSU award
Stock options granted
416,667 options
Stock Option (Right to Buy) granted on June 29, 2026
Option exercise price
$12.00 per share
Exercise price for 416,667 stock options
Options expiration
June 29, 2036
Expiration date of the granted stock options
RSU vesting schedule
25% annually over 4 years
First four anniversaries of June 29, 2026 grant date
Options vesting schedule
25% annually over 4 years
First four anniversaries of June 29, 2026 grant date
Key Terms
restricted stock units ("RSUs"), Stock Option (Right to Buy), exercise price, expiration date, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents shares of restricted stock units ("RSUs") granted to the reporting person."
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.
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy) with underlying security title Common Stock."
exercise price financial
"conversion_or_exercise_price: "12.0000""
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: "2036-06-29T00:00:00.000Z""
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.
vest financial
"The RSUs vest 25% on each of the first four anniversaries of the grant date."
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.
FAQ
What equity awards did Sinda Ltd. (SIND) grant its CFO in this Form 4?
Sinda Ltd. granted CFO Barreto Espantoso Luis M 208,334 restricted stock units and 416,667 stock options. The RSUs convert into common shares, while the options allow future purchases at a fixed exercise price, forming a large part of his long-term compensation.
What are the key terms of the Sinda Ltd. (SIND) stock options granted to the CFO?
The CFO received 416,667 stock options with an exercise price of $12.00 per share and an expiration date of June 29, 2036. These options give him the right, but not the obligation, to purchase common shares at that fixed price.
What is the vesting schedule for the Sinda Ltd. (SIND) RSUs and options granted?
Both the 208,334 RSUs and the 416,667 stock options vest in four equal installments of 25% on each of the first four anniversaries of the June 29, 2026 grant date. Vesting requires the CFO’s continued service with the company.
Is the Sinda Ltd. (SIND) Form 4 transaction an open-market buy or a compensation grant?
The filing shows a grant/award acquisition, not an open-market purchase or sale. The CFO received RSUs and stock options as part of his compensation, with no cash changing hands for the awards at the time of grant.