TPI Composites (TPICQ) COO reports 62,500 RSU vesting and tax-share sale
Rhea-AI Filing Summary
TPI Composites, Inc. chief operating officer reports RSU vesting and share withholding
The chief operating officer of TPI Composites, Inc. (ticker TPICQ) reported equity compensation activity dated 11/28/2025. A block of 62,500 shares of common stock was acquired at a price of $0 upon the vesting and settlement of restricted stock units. On the same date, 26,954 shares of common stock were disposed of at $0.025 per share to cover tax withholding obligations related to this vesting. After these transactions, the reporting person directly owned 79,264 shares of common stock and 125,000 restricted stock units that continue to vest in four equal annual installments, contingent on continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 62,500 | $0.00 | -- |
| Exercise | Common Stock | 62,500 | $0.00 | -- |
| Tax Withholding | Common Stock | 26,954 | $0.025 | $673.85 |
Footnotes (1)
- Represents the shares required to satisfy tax withholding obligations in connection with the vesting of 62,500 restricted stock units. The original grant of 250,000 restricted stock units ("RSUs") vests in four equal installments on the first, second, third and fourth anniversary of the date of the grant provided, that the Reporting Person continues to provide services to the Issuer through the vesting date. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock. All unvested RSUs will automatically expire upon Reporting Person's termination of service from Issuer
FAQ
What insider transaction did TPI Composites (TPICQ) disclose in this Form 4?
The chief operating officer reported the vesting of 62,500 restricted stock units, which became 62,500 shares of common stock on 11/28/2025, and a related share withholding transaction to cover taxes.
What restricted stock units (RSUs) remain outstanding for the TPI Composites (TPICQ) officer?
After the vesting of 62,500 units, the officer held 125,000 restricted stock units, each representing a contingent right to receive one share of common stock.
How does the RSU vesting schedule work for the TPI Composites (TPICQ) grant?
The original grant of 250,000 RSUs vests in four equal installments on the first, second, third, and fourth anniversaries of the grant date, as long as the officer continues to provide services to the company. Any unvested RSUs automatically expire upon termination of service.