Form 4: CommScope Executive Robyn T. Mingle Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Robyn T. Mingle, SVP and Chief HR Officer of CommScope Holding Company, Inc., reports the acquisition of 147,400 restricted stock units on June 1, 2024.
Summary
- On June 1, 2024, Robyn T. Mingle, SVP and Chief HR Officer of CommScope Holding Company, Inc., acquired 147,400 restricted stock units.
- These restricted stock units will vest ratably on June 1, 2025, June 1, 2026, and June 1, 2027, contingent upon continued employment with the issuer.
- Following this transaction, Mingle beneficially owns 412,108 shares of CommScope Holding Company, Inc.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of executive compensation in the form of restricted stock units, a common practice in publicly traded companies to align management's interests with those of shareholders.
Stakeholder Impact
- The transaction has a minor positive impact on shareholder alignment as it incentivizes the executive to improve company performance.
Key Dates
| Date | Description |
|---|---|
| 03/01/2022 | 15,300 restricted stock units granted, vesting on 06/01/2025 |
| 03/01/2023 | 31,000 restricted stock units granted, vesting ratably on 06/01/2025 and 06/01/2026 |
| 06/01/2023 | 34,934 restricted stock units granted, vesting ratably on 06/01/2025 and 06/01/2026 |
| 03/01/2024 | 72,600 restricted stock units granted, vesting ratably on 06/01/2025, 06/01/2026 and 06/01/2027 |
| 06/01/2024 | Date of transaction: Acquisition of 147,400 restricted stock units |
| 06/01/2025 | Vesting date for multiple tranches of restricted stock units |
| 06/01/2026 | Vesting date for multiple tranches of restricted stock units |
| 06/01/2027 | Vesting date for multiple tranches of restricted stock units |
| 06/04/2024 | Date of Form 4 filing |
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