[Form 4] Sinda Ltd. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cortes Alvarez Jaime reported acquisition or exercise transactions in this Form 4 filing.
Sinda Ltd. granted equity awards to its General Counsel and Secretary, Cortes Alvarez Jaime. He received 208,334 shares of restricted stock units (RSUs), each representing one future share of common stock, and 416,667 stock options with a strike price of $12.00 per share. Both the RSUs and options vest in four equal annual installments of 25% on each of the first four anniversaries of the grant date, contingent on continued service. Following the grant, he directly owns 268,534 shares of common stock and holds 416,667 options expiring on June 29, 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Cortes Alvarez Jaime
Role
General Counsel and Secretary
| 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);
Common Stock — 268,534 shares (Direct)
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 shares
Stock options granted: 416,667 options
Option exercise price: $12.00 per share
+3 more
6 metrics
RSUs granted
208,334 shares
Restricted stock units granted to General Counsel on June 29, 2026
Stock options granted
416,667 options
Options on common stock granted on June 29, 2026
Option exercise price
$12.00 per share
Conversion or exercise price for 416,667 stock options
Shares held after grant
268,534 shares
Total common stock directly owned after RSU grant
Option expiration date
June 29, 2036
Expiration of 416,667 stock options
Equity vesting schedule
25% annually over 4 years
Applies to both RSUs and stock options, subject to continued service
Key Terms
restricted stock units ("RSUs"), stock options, vesting, contingent right
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 of the grant date"
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
"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.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock."
