Form 4: NXP Semiconductors CSO Andrew Hardy Reports Stock Transactions

NXP Semiconductors' Chief Sales Officer, Andrew Hardy, reported the acquisition and disposition of common stock and restricted stock units, including shares acquired through RSU vesting and shares withheld for tax obligations.

Summary

• Andrew Hardy, Chief Sales Officer of NXP Semiconductors N.V., reported transactions involving common stock and Restricted Stock Units (RSUs).
• On November 5, 2025, Hardy acquired 742 shares of common stock through the vesting of RSUs at a price of $0.
• Concurrently, 376 shares of common stock were disposed of at a price of $204.42 per share, likely to cover tax obligations related to the RSU vesting.
• Following these transactions, Hardy beneficially owns 2,865 shares of common stock directly.
• Hardy also acquired 742 Restricted Stock Units (RSUs) at a price of $0, with each RSU representing the conditional right to receive one share of common stock.
• The RSUs vest in three equal annual installments on the anniversary of the November 5, 2024 grant date.
• After these transactions, Hardy beneficially owns 1,484 derivative securities (RSUs) directly.
• The transactions were made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 6

Explanation: The filing indicates a routine insider transaction involving the vesting of equity awards and subsequent tax-related sales. While there's a disposition of shares, it's offset by the acquisition of common stock and new RSUs, reflecting ongoing equity compensation and management's continued stake in the company.

Positives

• Andrew Hardy acquired 742 shares of common stock through RSU vesting, increasing his direct ownership.
• The acquisition of 742 Restricted Stock Units (RSUs) further aligns management's interests with shareholders.

Negatives

• 376 shares of common stock were disposed of at $204.42 per share, likely for tax purposes, reducing the net increase in direct common stock ownership.

Future Outlook

The Restricted Stock Units (RSUs) will continue to vest in three equal annual installments on the anniversary of the November 5, 2024 grant date, with an expiration date of November 5, 2027.

Industry Context

NA

Corporate Governance

Stakeholder Impact

• Shareholders: Demonstrates continued equity ownership by a key executive, aligning interests.
• Employees: Reflects standard equity compensation practices for executives.

Next Steps

• Future vesting of the remaining Restricted Stock Units in equal annual installments on the anniversary of the November 5, 2024 grant date.

Key Dates

Keywords

NXP Semiconductors, NXPI, Form 4, insider trading, stock transactions, Restricted Stock Units, RSU, Chief Sales Officer, equity compensation, Rule 10b5-1