Silicon Labs (SLAB) director receives 1,226 RSU stock award, holds 401,502 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Silicon Laboratories Inc. director Navdeep S. Sooch received an equity grant through restricted stock units. The award covers 1,226 RSUs, each convertible into one share of common stock. All RSUs vest on the earlier of the first anniversary of the grant date or one day before the next year’s Annual Meeting of Stockholders. After this grant, Sooch directly holds 401,502 shares of Silicon Laboratories common stock, showing this is a routine compensation-related acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SOOCH NAVDEEP S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.0001 par value | 1,226 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $0.0001 par value — 401,502 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 1,226 units
Shares after transaction: 401,502 shares
Transaction price per share: $0.0000
+2 more
5 metrics
RSU grant size
1,226 units
Restricted stock units awarded to director Navdeep S. Sooch
Shares after transaction
401,502 shares
Total direct holdings following RSU grant
Transaction price per share
$0.0000
RSUs granted at no cash cost to the director
Transaction code
A
Grant, award, or other acquisition of non-derivative securities
Ownership type
Direct (D)
Director holds the reported shares directly
Key Terms
restricted stock units (RSUs), Annual Meeting of Stockholders, transaction code A, Common Stock, $0.0001 par value
4 terms
restricted stock units (RSUs) financial
"Reflects the grant of restricted stock units (RSUs) that will entitle Reporting Person to receive one (1) share"
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 regulatory
"the date one day prior to the Annual Meeting of Stockholders in the year following the grant date"
transaction code A regulatory
"transaction_code": "A""
Common Stock, $0.0001 par value financial
"security_title": "Common Stock, $0.0001 par value""
FAQ
Does this SLAB Form 4 indicate a significant insider transaction?
The transaction is a routine director compensation grant of 1,226 RSUs. It does not involve open-market purchases or sales, so it is generally viewed as administrative compensation reporting rather than a signal-driven insider trading event.