Silicon Labs (SLAB) director awarded 962 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sadana Sumit reported acquisition or exercise transactions in this Form 4 filing.
SILICON LABORATORIES INC. director Sumit Sadana received a grant of 962 restricted stock units (RSUs) of common stock at no cash cost. Each RSU represents the right to receive one share of common stock.
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. After this award, Sadana directly holds 9,982 shares of Silicon Labs common stock, reflecting a modest, compensation-related increase in his equity stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sadana Sumit
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 — 9,982 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 962 shares
Price per share: $0.0000 per share
Shares held after award: 9,982 shares
+1 more
4 metrics
RSU grant size
962 shares
Restricted stock units awarded to director
Price per share
$0.0000 per share
Grant/award acquisition, no cash paid
Shares held after award
9,982 shares
Total direct holdings after RSU grant
Security type
Common Stock, $0.0001 par value
Underlying security for RSU award
Key Terms
restricted stock units (RSUs), Annual Meeting of Stockholders, transaction code "A"
3 terms
restricted stock units (RSUs) financial
"Reflects the grant of restricted stock units (RSUs) that will entitle Reporting Person"
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"
transaction code "A" regulatory
"transaction_code": "A","transaction_type": "non-derivative""
FAQ
What insider transaction did SILICON LABORATORIES INC. (SLAB) report for Sumit Sadana?
Silicon Laboratories reported that director Sumit Sadana received a grant of 962 restricted stock units (RSUs) of common stock. This is a compensation-related equity award, not an open-market purchase or sale, and increases his direct share holdings in the company.
How many RSUs did Sumit Sadana receive from Silicon Laboratories (SLAB)?
Sumit Sadana was granted 962 restricted stock units of Silicon Laboratories common stock. Each RSU entitles him to one share upon vesting. This award represents additional equity compensation rather than a cash transaction in the market.
When do Sumit Sadana’s new RSUs in Silicon Laboratories (SLAB) vest?
The 962 RSUs granted to Sumit Sadana will vest completely on the earlier of the first anniversary of the grant date or one day before Silicon Laboratories’ Annual Meeting of Stockholders in the following year, aligning vesting with the company’s governance calendar.
Was the Silicon Laboratories (SLAB) RSU grant to Sumit Sadana an open-market buy or sell?
No, the transaction was not an open-market buy or sell. It was a grant of 962 restricted stock units as compensation, recorded with transaction code “A” for award or other acquisition, and did not involve paying a purchase price per share.
What does each RSU granted to Sumit Sadana by Silicon Laboratories (SLAB) represent?
Each of the 962 RSUs granted to Sumit Sadana represents the right to receive one share of Silicon Laboratories common stock upon vesting. RSUs are a form of stock-based compensation that turns into actual shares once vesting conditions are satisfied.