XBP Global details president's RSU stock awards
XBP Global Holdings, Inc. (XBP) reported the initial equity holdings of President Sapru Sandeep Ashok on a Form 3.
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Rhea-AI Filing Summary
XBP Global Holdings, Inc. (XBP) reported the initial equity holdings of President Sapru Sandeep Ashok on a Form 3. The filing shows that his beneficial ownership currently consists of Restricted Stock Units (RSUs) granted under the company’s 2024 Stock Incentive Plan, as amended.
One RSU award is scheduled to vest in full on September 30, 2026 and is payable in stock only. A second RSU award under the same plan vests in three tranches, with one-third vesting on December 31, 2026, one-third on December 31, 2027, and the final one-third on December 31, 2028; these RSUs are also payable solely in stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock, par value $0.0001 per share F1 | -- | -- | -- |
| holding | Common Stock, par value $0.0001 per share F2 | -- | -- | -- |
Footnotes (2)
- F1. Represents Restricted Stock Units ("RSUs") issued to the Reporting Person under the Issuer's 2024 Stock Incentive Plan, as amended (the "SIP"). The RSUs are scheduled to vest in full on September 30, 2026 and are payable in stock only.
- F2. Represents RSUs issued to the Reporting Person under the SIP. The RSUs vest over three years, with one-third of such RSUs vesting on December 31, 2026; one-third of such RSUs vesting on December 31, 2027; and the final one-third of such RSUs vesting on December 31, 2028. The RSUs are payable in stock only.
Key Figures
Key Terms
Restricted Stock Units financial
2024 Stock Incentive Plan financial
payable in stock only financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 filing for XBP Global Holdings (XBP) disclose about Sapru Sandeep Ashok?
What is the vesting schedule of the first RSU grant reported for XBP’s President on this Form 3?
How do the second set of RSUs for XBP’s President vest according to the Form 3?
Under which plan were the RSUs for XBP’s President granted?
Does the Form 3 for XBP indicate any cash-settled awards for the President?
AI-generated analysis. How Rhea-AI works. Not financial advice.