Sinda (NASDAQ: SIND) director Anna El-Erian granted 10,417 RSUs as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
El-Erian Anna reported acquisition or exercise transactions in this Form 4 filing.
Sinda Ltd. director Anna El-Erian received a grant of 10,417 shares of common stock in the form of restricted stock units. These RSUs were awarded as compensation at no purchase price and represent her entire reported holding of Sinda shares after the transaction.
The RSUs vest in full on the date of Sinda’s 2027 Annual Meeting of Stockholders, as long as she continues serving on the board through that date. This is a routine equity compensation award rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
El-Erian Anna
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,417 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 10,417 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 10,417 shares
Grant price per share: $0.00 per share
Shares after transaction: 10,417 shares
+2 more
5 metrics
RSUs granted
10,417 shares
Restricted stock units of common stock granted to director
Grant price per share
$0.00 per share
Compensation award, not open-market purchase
Shares after transaction
10,417 shares
Total common stock reported following the grant
Transaction code
A
Grant, award, or other acquisition of non-derivative security
Vesting event
2027 Annual Meeting
RSUs vest in full at 2027 Annual Meeting of Stockholders
Key Terms
restricted stock units ("RSUs"), contingent right, Annual Meeting of Stockholders
3 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.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock."
Annual Meeting of Stockholders financial
"The RSUs vest in full on the date of the Issuer's 2027 Annual Meeting of Stockholders"
FAQ
What insider transaction did Sinda Ltd. (SIND) report for Anna El-Erian?
Sinda Ltd. reported that director Anna El-Erian received 10,417 restricted stock units of common stock. The grant was recorded at a price of $0.00 per share, reflecting a compensation award rather than an open-market purchase or sale.
What are the vesting terms of Anna El-Erian’s Sinda (SIND) restricted stock units?
The restricted stock units granted to Anna El-Erian vest in full on the date of Sinda’s 2027 Annual Meeting of Stockholders. Vesting is contingent on her continued service as a member of the company’s board of directors through that date.
Is Anna El-Erian’s Sinda (SIND) Form 4 transaction a market purchase or sale?
The Form 4 reports a grant of restricted stock units, not a market purchase or sale. The transaction code is “A” for grant or award, and the price per share is listed as $0.00, indicating compensation rather than cash trading activity.
What does each restricted stock unit in Sinda Ltd. (SIND) represent for Anna El-Erian?
Each restricted stock unit represents a contingent right to receive one share of Sinda Ltd.’s common stock. The units convert into actual shares only upon vesting, which is scheduled at the 2027 Annual Meeting of Stockholders, assuming continued board service.