Form 4: DZS Inc. Director Todd Jackson Reports Stock Unit Vesting
SEC Form 4 Filing
Director Todd Jackson of DZS Inc. reports the vesting of 25,000 restricted stock units, bringing his total vested units to 100,000.
Summary
- Todd Jackson, a director at DZS Inc., reported a transaction involving restricted stock units.
- On December 31, 2024, 25,000 restricted stock units vested.
- This vesting is the third tranche of units issued on September 6, 2024.
- The total number of vested restricted stock units for Mr. Jackson is now 100,000.
- Each restricted stock unit represents the right to receive one share of DZS Inc. common stock upon vesting.
Sentiment
Score: 5
Explanation: The document is a routine filing related to stock vesting, which is neither positive nor negative in itself.
Stakeholder Impact
- The vesting of stock units may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 09/06/2024 | Date the restricted stock units were issued. |
| 12/31/2024 | Date of the third vesting of 25,000 restricted stock units. |
| 01/02/2025 | Date the Form 4 was signed. |
Keywords
restricted stock units, vesting, director, DZS Inc., stock, equity
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.