Form 4: Carl Russo, Calix Inc. Director, Acquires Stock Options
SEC Form 4 Filing
Director Carl Russo acquired 12,262 stock options in Calix, Inc. on May 9, 2024.
Summary
- Carl Russo, a director of Calix, Inc., acquired 12,262 stock options on May 9, 2024.
- The options have an exercise price of $30.07.
- The options vest on the earlier of May 9, 2025, or the day before the next annual meeting of stockholders.
- The options expire on May 9, 2034.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any positive or negative sentiment.
Industry Context
This is a standard Form 4 filing, reflecting a change in beneficial ownership of securities. It is common for directors and officers of publicly traded companies to receive stock options as part of their compensation.
Stakeholder Impact
- The acquisition of stock options by a director can be seen as a positive sign by shareholders, as it aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of transaction: Carl Russo acquired 12,262 stock options. |
| 05/09/2025 | Options vest on the earlier of this date or the day before the next annual meeting of stockholders. |
| 05/09/2034 | Expiration date of the stock options. |
| 05/13/2024 | Date of Form 4 filing. |
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