Form 4: Rambus CFO Desmond Lynch Reports Stock Transactions
SEC Form 4 Filing
Desmond Lynch, CFO of Rambus Inc., reports acquisition and disposal of common stock related to RSU vesting and tax obligations.
Summary
- On April 1, 2025, Desmond Lynch, the CFO of Rambus Inc., acquired 18,167 shares of common stock through the vesting of Restricted Stock Units (RSUs).
- The RSUs vest in four equal annual installments starting April 1, 2026.
- On the same day, 1,829 shares were disposed of to cover tax liabilities associated with the RSU vesting at a price of $52.29 per share.
- Following these transactions, Lynch directly owns 78,916 shares of Rambus common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of stock acquisition and disposal due to RSU vesting and tax obligations. |
| 04/01/2026 | Start date for the four equal annual installments of RSU vesting. |
| 04/03/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Rambus, RMBS, Desmond Lynch, CFO, Stock, RSU, Vesting, Tax Liability, Beneficial Ownership
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