Sinda director granted 10,417 RSUs
Erfan Ali reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Erfan Ali reported acquisition or exercise transactions in this Form 4 filing.
Sinda Ltd. director Erfan Ali reported an equity compensation award and his current share holdings. He received 10,417 restricted stock units (RSUs) of Sinda common stock at no cost. Each RSU represents the right to receive one share of common stock when it vests.
The RSUs vest in full on the date of Sinda’s 2027 Annual Meeting of Stockholders, if Ali continues serving on the board through that date. After this award, he directly holds 10,417 common shares and is also associated with 20,410 shares held indirectly through Ajami Associates Limited, where he is a director and may be deemed to beneficially own those securities.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 10,417 shares
Grant/Award
2 txns
Insider
Erfan Ali
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,417 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 10,417 shares (Direct);
Common Stock — 20,410 shares (Indirect, By Ajami Associates Limited)
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 in full on the date of the Issuer's 2027 Annual Meeting of Stockholders, subject to the reporting person's continued service as a member of the Issuer's Board of Directors through such date.
- F2. The reporting person is a director of Ajami Associates Limited and may be deemed to beneficially own securities held by Ajami Associates Limited.
Key Figures
RSUs granted: 10,417 units
Grant price per share: $0.0000 per share
Direct holdings after award: 10,417 shares
+2 more
5 metrics
RSUs granted
10,417 units
Restricted stock units awarded to director Erfan Ali
Grant price per share
$0.0000 per share
RSU grant, compensation with no cash paid by Ali
Direct holdings after award
10,417 shares
Sinda common stock held directly by Erfan Ali
Indirect holdings
20,410 shares
Shares held by Ajami Associates Limited, associated with Ali
Vesting date condition
2027 Annual Meeting
RSUs vest in full on Sinda’s 2027 annual meeting date
Key Terms
restricted stock units ("RSUs"), contingent right, vest in full, beneficially own, +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."
vest in full financial
"The RSUs vest in full on the date of the Issuer's 2027 Annual Meeting of Stockholders"
beneficially own financial
"may be deemed to beneficially own securities held by Ajami Associates Limited."
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
Annual Meeting of Stockholders financial
"on the date of the Issuer's 2027 Annual Meeting of Stockholders"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sinda (SIND) report for director Erfan Ali?
Sinda reported that director Erfan Ali received 10,417 restricted stock units as an equity award. These RSUs are compensation rather than an open-market purchase and will convert into shares only if they vest under the stated service conditions.
How many RSUs were granted to Erfan Ali in the latest Sinda (SIND) filing?
Erfan Ali was granted 10,417 restricted stock units of Sinda common stock. Each RSU represents a right to receive one share upon vesting, reflecting a stock-based compensation award tied to his continued board service.
When do Erfan Ali’s Sinda (SIND) RSUs vest?
The RSUs granted to Erfan Ali vest in full on the date of Sinda’s 2027 Annual Meeting of Stockholders. Vesting is conditional on his continued service as a member of the Board of Directors through that meeting date.
What are Erfan Ali’s direct and indirect Sinda (SIND) holdings after this award?
Following the grant, Erfan Ali directly holds 10,417 Sinda common shares. In addition, 20,410 shares are held indirectly through Ajami Associates Limited, where he is a director and may be deemed to beneficially own those securities.
What does indirect ownership via Ajami Associates Limited mean for Sinda (SIND)?
Indirect ownership indicates shares are registered to Ajami Associates Limited rather than to Erfan Ali personally. As a director of Ajami Associates Limited, he may be deemed to beneficially own the 20,410 shares that entity holds in Sinda.
AI-generated analysis. How Rhea-AI works. Not financial advice.
