Form 4: Butler Dean Warren reports acquisition/exercise transactions in SLAB
Rhea-AI Filing Summary
Butler Dean Warren reported acquisition or exercise transactions in a Form 4 filing for SLAB. The filing lists transactions totaling 11,033 shares. Following the reported transactions, holdings were 49,906 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 11,033 shares
Net Buy
1 txn
Insider
Butler Dean Warren
Role
Sr VP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.0001 par value | 11,033 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, $0.0001 par value — 49,906 shares (Direct)
Footnotes (1)
- F1. Reflects the grant of restricted stock units (RSUs) that will entitle Reporting Person to receive one (1) share of common stock per RSU. One-third of the RSUs will vest on each of the first three anniversaries of the date of grant, and will be settled pursuant to the terms of the Issuer's 2009 Stock Incentive Plan (as amended from time to time).
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FAQ
What insider transaction did SLAB’s CFO report on this Form 4?
The filing shows SLAB’s CFO Dean Warren Butler received a grant of 11,033 restricted stock units. Each unit converts into one share of common stock, increasing his directly held position to 49,906 shares after the award.
Is the Silicon Laboratories (SLAB) CFO’s Form 4 transaction a stock purchase?
No, the transaction is a grant of restricted stock units to SLAB’s CFO, not an open-market stock purchase. The RSUs were awarded at a price of $0 per share under the company’s 2009 Stock Incentive Plan.
What are the vesting terms of the SLAB CFO’s 11,033 RSU grant?
The 11,033 RSUs granted to SLAB’s CFO vest in three equal installments. One-third of the units vest on each of the first three anniversaries of the 02/15/2026 grant date, according to the company’s 2009 Stock Incentive Plan.
Under which plan were the Silicon Laboratories RSUs granted to the CFO?
The restricted stock units granted to SLAB’s CFO were issued under Silicon Laboratories’ 2009 Stock Incentive Plan. The plan, as amended from time to time, governs vesting, settlement into common stock, and other award terms.
What role does Dean Warren Butler hold at Silicon Laboratories (SLAB)?
Dean Warren Butler serves as Senior Vice President and Chief Financial Officer at Silicon Laboratories. His position is disclosed in the Form 4, which reports his grant of 11,033 restricted stock units of company common stock.