Silicon Labs (NASDAQ: SLAB) director receives 962-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Richardson Nina reported acquisition or exercise transactions in this Form 4 filing.
Silicon Laboratories Inc. director Nina Richardson received a grant of 962 restricted stock units (RSUs) of common stock. The RSUs entitle her to one share of common stock for each unit, at no purchase price.
The RSUs will vest in full on the earlier of the first anniversary of the grant date or one day before the company’s next Annual Meeting of Stockholders in the following year. After this compensation-related award, Richardson holds 9,505 shares of Silicon Laboratories common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Richardson Nina
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 — 9,505 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 962 shares
Post-grant holdings: 9,505 shares
Transaction price per share: $0.0000 per share
3 metrics
RSU grant size
962 shares
Restricted stock units awarded to director on grant date
Post-grant holdings
9,505 shares
Total common shares held directly after RSU award
Transaction price per share
$0.0000 per share
Reported price for RSU grant on Form 4
Key Terms
restricted stock units (RSUs), Annual Meeting of Stockholders, Form 4
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."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Nina Richardson report for SLAB on this Form 4?
Nina Richardson reported receiving a grant of 962 restricted stock units in Silicon Laboratories common stock. These RSUs are a compensation-related award, not an open-market purchase or sale, and increase her direct equity stake in the company to 9,505 shares after the grant.
What are the vesting terms of Nina Richardson’s 962 RSUs in Silicon Laboratories (SLAB)?
The 962 RSUs granted to Nina Richardson vest completely on the earlier of the first anniversary of the grant date or one day prior to the Annual Meeting of Stockholders in the following year. Once vested, each RSU converts into one share of common stock.
Do the 962 RSUs granted to Nina Richardson require a purchase price?
The 962 RSUs granted to Nina Richardson have a reported transaction price per share of $0.0000. This indicates they are a stock-based compensation award, providing one share of Silicon Laboratories common stock per RSU upon vesting without additional cash payment.