Tower Semiconductor director awarded 814 RSUs
Hasson Avi reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Hasson Avi reported acquisition or exercise transactions in this Form 4 filing.
Tower Semiconductor Ltd director Avi Hasson reported a compensation-related equity grant. He was awarded 814 restricted stock units, each representing one ordinary share with no cash paid per share. According to the vesting schedule, 407 RSUs will vest on 07/02/2027 and another 407 will vest on 07/02/2028, contingent on his continued service. Following this award, he holds 20,270 ordinary shares directly, making this a small, routine addition to his position rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 814 | $0.00 | $0.00 |
Footnotes (1)
- F1. The Reporting Person was granted restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of ordinary stock of Tower Semiconductor Ltd. (the "Company"). 407 will vest on 07/02/2027, and additional 407 will vest on 07/02/2028, subject to the Reporting Person's continued service through each vesting date.
Key Figures
Key Terms
restricted stock units financial
RSUs financial
vesting date financial
grant, award, or other acquisition financial
FAQ
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What did Avi Hasson acquire in this Tower Semiconductor (TSEM) Form 4 filing?
What is the vesting schedule for Avi Hasson’s 814 RSUs in Tower Semiconductor (TSEM)?
What type of security was involved in Avi Hasson’s Tower Semiconductor (TSEM) Form 4 transaction?
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