1.87M RSU grant to Yatra Online (NASDAQ: YTRA) CEO ruled invalid
Rhea-AI Filing Summary
Gupta Siddhartha reported acquisition or exercise transactions in this Form 4 filing.
Yatra Online, Inc. reports that CEO and director Siddhartha Gupta was recorded as receiving a grant of 1,870,000 Restricted Stock Units effective August 5, 2026, scheduled to vest in four equal annual installments from November 24, 2026 through November 24, 2029, subject to continued employment.
A related note states the issuer determined this RSU grant to have been invalid due to an administrative error and that no actual shares underlying the grant were issued.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,870,000 shares
Net Buy
1 txn
Insider
Gupta Siddhartha
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F1, F2 | 1,870,000 | $0.00 | $0.00 |
Holdings After Transaction:
Ordinary Shares — 1,870,000 shares (Direct)
Footnotes (2)
- F1. Restricted Stock Units were granted effective as of August 05, 2026, and shall vest in four equal annual instalments commencing on November 24, 2026, with the final vesting date being November 24, 2029 subject to the reporting person's continued employment with the issuer or its subsidiary through each vesting date.
- F2. A grant of 1,870,000 RSUs was determined by the issuer to have been invalid due to an administrative error. As such, this RSU was not deemed to have been granted and no actual shares underlying such grant were issued.
Key Figures
Reported RSU grant size: 1,870,000 RSUs
Vesting installments: 4 annual installments
Grant effective date: August 05, 2026
+3 more
6 metrics
Reported RSU grant size
1,870,000 RSUs
Restricted Stock Units tied to CEO Siddhartha Gupta, recorded effective August 5, 2026; issuer notes the grant was invalid and no shares were issued
Vesting installments
4 annual installments
RSUs were scheduled to vest in four equal annual installments from November 24, 2026 through November 24, 2029
Grant effective date
August 05, 2026
Effective date for the reported RSU grant to the CEO
Vesting start date
November 24, 2026
First scheduled vesting date for the reported RSU grant
Final vesting date
November 24, 2029
Final scheduled vesting date for the reported RSU grant
Per-share grant price
0.0000 per share
Grant/award acquisition of Ordinary Shares via RSUs carried no purchase price
Key Terms
Restricted Stock Units, RSUs, vesting, administrative error
4 terms
Restricted Stock Units financial
"Restricted Stock Units were granted effective as of August 05, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"A grant of 1,870,000 RSUs was determined by the issuer to have been invalid"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
vesting financial
"and shall vest in four equal annual instalments commencing on November 24, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
administrative error financial
"determined by the issuer to have been invalid due to an administrative error"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Yatra Online (YTRA) report for CEO Siddhartha Gupta?
Yatra Online reported that CEO Siddhartha Gupta was recorded as receiving a grant of 1,870,000 Restricted Stock Units (RSUs) effective August 5, 2026. A footnote explains the issuer later determined this RSU grant to be invalid and that no shares were actually issued.
What was the vesting schedule for the reported RSU grant at Yatra Online (YTRA)?
The reported grant of 1,870,000 RSUs was scheduled to vest in four equal annual installments, starting on November 24, 2026, with the final vesting date on November 24, 2029, conditioned on Siddhartha Gupta’s continued employment with Yatra Online or its subsidiary through each vesting date.
Was the Yatra Online (YTRA) CEO’s RSU entry reported under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox was not marked as an affirmative plan, indicating the reported RSU entry is not identified as made under a Rule 10b5-1 trading plan. No footnote describes any pre-arranged trading plan for this reported grant.