SharkNinja (SN) grants RSUs and PRSUs to Chief Commercial Officer Shah
Rhea-AI Filing Summary
SharkNinja, Inc. reported new equity awards for Chief Commercial Officer Neil B. Shah. On January 2, 2026, he received 43,670 restricted share units (RSUs), each representing the right to one ordinary share. These RSUs vest in three equal annual installments beginning on February 28, 2027.
On the same date, he was also granted 100,000 performance restricted share units (PRSUs), which may convert into up to 100,000 ordinary shares if specified market capitalization targets are met over a five-year period beginning January 1, 2026. Both awards are shown with a price of $0, consistent with stock-based compensation rather than a purchase.
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FAQ
What equity awards did SharkNinja (SN) grant to its Chief Commercial Officer?
Neil B. Shah, Chief Commercial Officer of SharkNinja, Inc., received 43,670 restricted share units (RSUs) and 100,000 performance restricted share units (PRSUs) on January 2, 2026.
How do the SharkNinja (SN) RSUs granted to Neil B. Shah vest?
The 43,670 RSUs granted on January 2, 2026 vest in three equal annual installments, starting on February 28, 2027. Each RSU represents the right to receive one ordinary share.
What are the terms of the 100,000 performance restricted share units at SharkNinja (SN)?
The 100,000 PRSUs granted on January 2, 2026 entitle Neil B. Shah to receive up to 100,000 ordinary shares if certain market capitalization targets are achieved over a five-year period beginning January 1, 2026.
What does each restricted share unit at SharkNinja (SN) represent?
Each Restricted Share Unit represents the contingent right to receive one ordinary share of SharkNinja, Inc., subject to the applicable vesting or performance conditions.
Is there a purchase price for the SharkNinja (SN) RSU and PRSU grants?
The filing lists the price of the derivative securities underlying the RSUs and PRSUs as $0, indicating these are stock-based compensation grants rather than share purchases for cash.
What is Neil B. Shah’s relationship to SharkNinja (SN)?
Neil B. Shah is identified as an Officer of SharkNinja, Inc., serving as the company’s Chief Commercial Officer, and he is the reporting person for these equity awards.