Form 4: Indie Semiconductor Director David J. Aldrich Reports Stock Transactions
SEC Form 4 Filing
Director David J. Aldrich of indie Semiconductor, Inc. reports the vesting and acquisition of restricted stock units, resulting in changes to his beneficial ownership.
Summary
- On June 13, 2024, David J. Aldrich, a director at indie Semiconductor, Inc., reported transactions involving Class A Common Stock and Restricted Stock Units.
- Aldrich acquired 18,919 shares of Class A Common Stock upon the vesting of Restricted Stock Units.
- He also acquired 23,681 Restricted Stock Units, which will vest on the earlier of June 13, 2025, or the date of the 2025 Annual Shareholder Meeting.
- Following these transactions, Aldrich directly owns 133,804 shares of Class A Common Stock and 23,681 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| June 21, 2021 | Power of attorney filed by Naixi Wu on behalf of David Aldrich |
| 06/13/2024 | Date of earliest transaction: Vesting of 18,919 Restricted Stock Units and acquisition of 23,681 Restricted Stock Units |
| June 14, 2024 | Date of signature for the report |
| June 22, 2024 | Earlier vesting date for 18,919 restricted stock units |
| June 13, 2025 | Earlier vesting date for 23,681 restricted stock units |
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