Form 4: Infinera Director Roop Kalyan Lakkaraju Reports Stock Transaction
SEC Form 4 Filing
Director Roop Kalyan Lakkaraju reports a transaction involving Infinera Corp common stock and restricted stock units.
Summary
- On February 16, 2025, Roop Kalyan Lakkaraju, a director of Infinera Corp, reported a transaction.
- The transaction involved the disposition of 6,478 shares of common stock.
- This disposition was related to the vesting of restricted stock units (RSUs).
- Following the transaction, Lakkaraju beneficially owns 94,154 shares of Infinera Corp.
- Lakkaraju has granted a power of attorney to Regan J. MacPherson, Nicholas Janof, and Michelle Ellingson to handle Section 16 reporting requirements.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Key Dates
| Date | Description |
|---|---|
| 2022-02-16 | Vesting commencement date for restricted stock units. |
| 2024-09-15 | Date of execution for the Power of Attorney. |
| 2025-02-16 | Date of transaction involving common stock and restricted stock units. |
| 2025-02-18 | Date of signature for the report. |
Keywords
Form 4, Infinera, Director, Stock Transaction, Beneficial Ownership, RSU, Lakkaraju
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