Form 4: Director Kira Makagon Receives Calix RSU Grant

Calix, Inc. director Kira Makagon was granted 4,967 restricted stock units as part of the company's non-employee director equity compensation policy.

Summary

• Director Kira Makagon acquired 4,967 restricted stock units (RSUs) on May 14, 2026.
• The grant was issued under the company's non-employee director equity compensation policy.
• Each RSU represents a contingent right to receive one share of Calix common stock.
• The total beneficial ownership for the director following this transaction is 43,931 shares, which includes the 4,967 unvested RSUs.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation with no material impact on company operations or financial outlook.

Positives

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

Negatives

• None identified.

Risks

• Vesting of the RSUs is contingent upon the director's continued service until one day prior to the next annual stockholder meeting.

Future Outlook

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

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure long-term alignment between board members and shareholders in the telecommunications and cloud software sectors.

Comparison to Industry Standards

• The grant follows standard industry practices for director compensation in mid-cap technology firms.
• The vesting schedule tied to the annual meeting is a common mechanism for board retention.

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, Equity Compensation, Director Compensation