Teads (TEAD) Chief Commercial Officer receives 1.4M restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teads Holding Co. reported that Chief Commercial Officer Mary Spilman received an equity grant of 1,400,000 shares of Common Stock in the form of restricted stock units under the company’s 2021 Long-Term Incentive Plan.
The units vest 25% on December 5, 2025, with the remaining RSUs vesting in equal quarterly installments after that date, so the award converts into shares gradually over time as vesting conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Spilman Mary
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,400,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,400,000 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Teads (TEAD) report for Mary Spilman?
Teads reported that Chief Commercial Officer Mary Spilman received a grant of 1,400,000 restricted stock units of Common Stock. These RSUs were awarded under the company’s 2021 Long-Term Incentive Plan as part of her equity-based compensation package.
What is the vesting schedule for Mary Spilman’s Teads (TEAD) RSU grant?
The restricted stock units vest 25% on December 5, 2025, with the remaining units vesting in equal quarterly installments thereafter. This means the award becomes share-deliverable gradually over multiple quarters, subject to continued service and any plan conditions.
Is Mary Spilman’s Teads (TEAD) transaction a purchase or a compensation grant?
The Form 4 characterizes the transaction as a grant or award acquisition, not an open-market purchase. It reflects equity compensation in the form of restricted stock units granted under Teads’ 2021 Long-Term Incentive Plan to its Chief Commercial Officer.