Silicon Laboratories (SLAB) director Christy Wyatt receives 962 RSUs equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wyatt Christy reported acquisition or exercise transactions in this Form 4 filing.
SILICON LABORATORIES INC. director Christy Wyatt received a grant of 962 restricted stock units (RSUs), each representing one share of common stock. After this award, Wyatt directly holds 9,454 common shares. The RSUs will fully vest on the earlier of the first anniversary of the grant date or one day before the next year’s Annual Meeting of Stockholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wyatt Christy
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.0001 par value | 962 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $0.0001 par value — 9,454 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 962 shares
Total shares after grant: 9,454 shares
2 metrics
RSU grant size
962 shares
Restricted stock units awarded to Christy Wyatt
Total shares after grant
9,454 shares
Christy Wyatt direct holdings following transaction
Key Terms
restricted stock units (RSUs), Annual Meeting of Stockholders, vest
3 terms
restricted stock units (RSUs) financial
"Reflects the grant of restricted stock units (RSUs) that will entitle Reporting Person to receive one (1) share of common stock per RSU."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Annual Meeting of Stockholders financial
"the date one day prior to the Annual Meeting of Stockholders in the year following the grant date."
vest financial
"The RSUs will vest completely on the earlier of (i) the first (1st) anniversary of the date of grant"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did SLAB director Christy Wyatt report on this Form 4?
Christy Wyatt reported receiving a grant of 962 restricted stock units in Silicon Laboratories common stock. These RSUs are a form of equity compensation and increase her direct holdings to 9,454 shares following the transaction.
What are restricted stock units (RSUs) granted to Christy Wyatt by SLAB?
The filing states that 962 restricted stock units were granted, each entitling Christy Wyatt to receive one share of Silicon Laboratories common stock. RSUs typically represent deferred equity compensation that converts into actual shares upon vesting.
When will Christy Wyatt’s 962 RSUs in Silicon Laboratories vest?
The 962 RSUs will vest completely on the earlier of the first anniversary of the grant date or the date one day prior to the Annual Meeting of Stockholders in the year following the grant, according to the filing footnote.
Was Christy Wyatt’s Silicon Laboratories RSU grant an open-market purchase or sale?
No, the filing characterizes the transaction as a grant or award acquisition of 962 RSUs. It is compensation-related, not an open-market purchase or sale of Silicon Laboratories shares.