Form 4: Mobileye Director Eyal Desheh Receives Restricted Stock Units

Director Eyal Desheh of Mobileye Global Inc. was granted 12,619 restricted stock units (RSUs) on December 5, 2024, which will vest on the first anniversary of the grant date.

Summary

• Eyal Desheh, a director at Mobileye Global Inc., received 12,619 restricted stock units (RSUs) on December 5, 2024.
• These RSUs represent the right to receive one share of Class A common stock for each unit after vesting.
• The RSUs will vest 100% on the first anniversary of the grant date, which is December 5, 2025.
• If the vesting date falls on a non-business day, the vesting will occur on the next business day.

Sentiment

Score: 7

Explanation: The document reflects a routine compensation practice, which is generally viewed positively as it aligns director interests with shareholders. There are no negative implications.

Positives

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

Future Outlook

The RSUs will vest on the first anniversary of the grant date, which is December 5, 2025, assuming it is a business day.

Industry Context

The granting of restricted stock units is a common practice for compensating directors and aligning their interests with the long-term performance of the company.

Comparison to Industry Standards

• Granting RSUs to directors is a standard practice across the technology industry, particularly for companies like Mobileye that are focused on growth and innovation.
• Many companies in the technology sector use similar vesting schedules, often with a one-year cliff followed by periodic vesting, to incentivize long-term commitment from key personnel.
• The size of the grant, 12,619 RSUs, would need to be compared to similar grants at peer companies to determine if it is in line with industry standards.

Stakeholder Impact

• The grant of RSUs to a director is a standard practice and is not expected to have a significant impact on shareholders.
• The vesting schedule encourages long-term commitment from the director, which can be beneficial for the company's performance.

Key Dates

Keywords

Restricted Stock Units, RSUs, Stock Grant, Director Compensation, Equity Compensation, Mobileye, MBLY