Sinda director granted RSUs and stock options
Sinda Ltd. reported that director Muniz Quintanilla Daniel received equity-based compensation on common stock.
Rhea-AI Filing Summary
Sinda Ltd. reported that director Muniz Quintanilla Daniel received equity-based compensation on common stock. He was granted 940,649 restricted stock units (RSUs), each representing one share of common stock, and 940,649 stock options with a $12.00 exercise price.
The RSUs and options each vest 25% on every anniversary of the June 29, 2026 grant date over four years, subject to his continued service. Following the RSU grant, he directly holds 1,270,649 shares of common stock. The options expire on June 29, 2036. These are compensation grants, not open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,881,298 shares
Grant/Award
2 txns
Insider
Muniz Quintanilla Daniel
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 940,649 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 940,649 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 940,649 contracts (Direct);
Common Stock — 1,270,649 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. 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: 940,649 units
Stock options granted: 940,649 options
Option exercise price: $12.00 per share
+3 more
6 metrics
RSUs granted
940,649 units
Restricted stock units on common stock granted June 29, 2026
Stock options granted
940,649 options
Options on common stock granted June 29, 2026
Option exercise price
$12.00 per share
Exercise price for 940,649 stock options
Shares held after grant
1,270,649 shares
Total common shares directly owned after RSU award
Option expiration date
June 29, 2036
Expiration of 940,649 stock options
Vesting schedule
25% per year over 4 years
RSUs and options vest annually from June 29, 2026
Key Terms
restricted stock units ("RSUs"), stock options, vesting, grant date
4 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 options financial
"These stock options vest 25% on each of the first four anniversaries"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
vesting financial
"The RSUs vest 25% on each of the first four anniversaries of the grant date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant date financial
"first four anniversaries of the grant date, subject to the reporting person's continued service"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Sinda (SIND) report for Muniz Quintanilla Daniel?
Sinda reported equity compensation grants to director Muniz Quintanilla Daniel. He received 940,649 restricted stock units and 940,649 stock options on common stock, both coded as awards rather than open-market trades, reflecting compensation rather than discretionary buying or selling.
What are the key terms of the stock options granted by Sinda (SIND)?
The stock options granted cover 940,649 underlying Sinda common shares at a $12.00 exercise price. They vest 25% on each of the first four anniversaries of the June 29, 2026 grant date and expire on June 29, 2036, subject to continued service.
How do the Sinda (SIND) RSU grants to Muniz Quintanilla Daniel vest?
The 940,649 restricted stock units vest in four equal annual installments. Specifically, 25% of the RSUs vest on each of the first four anniversaries of the June 29, 2026 grant date, contingent on Muniz Quintanilla Daniel’s continued service with Sinda.
Were the Sinda (SIND) insider transactions open-market buys or sells?
The reported transactions are equity awards, not open-market trades. Both the 940,649 restricted stock units and 940,649 stock options are coded as grants or awards, meaning they represent compensation rather than discretionary purchases or sales in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
