Sinda Ltd. (SIND) VP of finance receives RSUs and stock options grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sinda Ltd. vice president of finance Cole Scott received equity awards as part of his compensation. He was granted 70,834 restricted stock units, each equal to one common share, and stock options for 141,667 shares at an exercise price of $12.00 per share. The RSUs and options vest 25% on each of the first four anniversaries of the June 29, 2026 grant date, contingent on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Cole Scott
Role
Vice President, Finance
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 141,667 | $0.00 | -- |
| Grant/Award | Common Stock | 70,834 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 141,667 shares (Direct);
Common Stock — 80,834 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: 70,834 RSUs
Options granted: 141,667 options
Option exercise price: $12.00 per share
+3 more
6 metrics
RSUs granted
70,834 RSUs
Equity award to VP, granted June 29, 2026
Options granted
141,667 options
Right to buy common stock, grant date June 29, 2026
Option exercise price
$12.00 per share
Strike price for 141,667 stock options
Shares after grant
80,834 shares
Total common stock held directly after RSU award
Option expiration
June 29, 2036
Expiration date of granted stock options
Vesting schedule
25% annually over 4 years
Applies to both RSUs and options from grant date
Key Terms
restricted stock units ("RSUs"), contingent right, Stock Option (Right to Buy), vest 25% on each of the first four anniversaries, +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.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock."
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy)"
vest 25% on each of the first four anniversaries financial
"The RSUs vest 25% on each of the first four anniversaries of the grant date"
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.
FAQ
What insider transaction did Sinda Ltd. (SIND) report for Cole Scott?
Sinda Ltd. reported that vice president of finance Cole Scott received equity awards, including restricted stock units and stock options. These were granted as compensation and increase his potential ownership in the company over time, subject to vesting conditions.
How many RSUs did Cole Scott receive from Sinda Ltd. (SIND)?
Cole Scott received 70,834 restricted stock units from Sinda Ltd. Each RSU represents a contingent right to one common share, which will be delivered only if the applicable time-based vesting conditions tied to continued service are satisfied.
What stock options were granted to Cole Scott by Sinda Ltd. (SIND)?
Cole Scott was granted stock options covering 141,667 shares of Sinda Ltd. common stock. These options have an exercise price of $12.00 per share and give him the right, but not the obligation, to buy shares once vested and before expiration.
When do Cole Scott’s Sinda Ltd. (SIND) RSUs and options vest?
Both the RSUs and stock options vest over four years. They vest in 25% installments on each of the first four anniversaries of the June 29, 2026 grant date, provided Cole Scott continues to serve the company through each vesting date.
What is the expiration date of Cole Scott’s Sinda Ltd. (SIND) stock options?
Cole Scott’s stock options expire on June 29, 2036. He can exercise vested options any time after they vest and before this expiration date, subject to the company’s equity plan and any applicable trading or employment restrictions.