Form 4: Calix Director Rajatish Mukherjee Receives RSU Grant

Director Rajatish Mukherjee was granted 4,967 restricted stock units as part of the Calix, Inc. non-employee director equity compensation policy.

Summary

• Director Rajatish Mukherjee received a grant of 4,967 restricted stock units (RSUs) on May 14, 2026.
• The RSUs were issued under the company's non-employee director equity compensation policy.
• Each RSU represents a contingent right to receive one share of Calix, Inc. common stock.
• The total beneficial ownership for the director following this transaction is 9,656 shares, which includes the 4,967 unvested RSUs.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing regarding standard director compensation.

Positives

• Alignment of director interests with shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• The vesting of these units is contingent upon the director's continued service until one day prior to the next annual stockholder meeting.

Future Outlook

The RSUs will vest in full one day prior to the issuer's next annual stockholder meeting.

Industry Context

StockSavvy.ai notes that this is a routine equity compensation disclosure for a board member, consistent with standard corporate governance practices for publicly traded technology companies.

Comparison to Industry Standards

• The grant of RSUs to non-employee directors is a standard practice among S&P 500 and NASDAQ-listed companies to ensure board alignment with long-term shareholder value.
• The vesting schedule tied to the annual meeting is a common retention mechanism for board members.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation grant.

Next Steps

• Vesting of the 4,967 RSUs one day prior to the next annual stockholder meeting.

Key Dates

Keywords

Calix, CALX, Form 4, Insider Trading, Director Compensation, Restricted Stock Units