Form 4: Mobileye Director Claire McCaskill Receives Stock Grant

Director Claire McCaskill received a grant of 12,619 restricted stock units in Mobileye Global Inc.

Summary

• Claire McCaskill, a director at Mobileye Global Inc., was granted 12,619 restricted stock units (RSUs) on December 5, 2024.
• These RSUs represent the right to receive one share of Class A common stock each upon vesting.
• The RSUs will vest 100% on the first anniversary of the grant date, which is December 5, 2025.
• Following this transaction, Ms. McCaskill directly owns 68,328 shares of Class A common stock and indirectly owns 27,819 shares through a revocable trust.

Sentiment

Score: 7

Explanation: The document reflects a standard practice of equity compensation for a director, which is generally viewed positively as it aligns interests. There are no negative implications.

Positives

• The grant of RSUs aligns the director's interests with the company's performance.
• The vesting schedule encourages long-term commitment from the director.

Industry Context

This is a standard practice for compensating directors in publicly traded companies, aligning their interests with shareholders through equity-based compensation.

Comparison to Industry Standards

• Stock grants to directors are a common practice across the technology industry, with companies like Intel, NVIDIA, and Qualcomm also using similar methods to incentivize their board members.
• The vesting period of one year is also typical, ensuring that directors have a long-term stake in the company's success.
• The number of shares granted is within the typical range for a director at a company of Mobileye's size and market capitalization.

Stakeholder Impact

• The stock grant to a director is a standard practice and is unlikely to have a significant impact on stakeholders.

Key Dates

Keywords

Mobileye, stock grant, restricted stock units, RSUs, director, insider trading, beneficial ownership, equity compensation