Form 4: Rambus Inc. Director Charles Kissner Reports Stock Transactions
SEC Form 4 Filing
Director Charles Kissner reports acquisition and disposal of Rambus Inc. (RMBS) stock, including restricted stock units vesting in 2025.
Summary
- Charles Kissner, a director of Rambus Inc. (RMBS), filed a Form 4 detailing changes in beneficial ownership.
- On April 1, 2024, Kissner acquired 2,972 shares of common stock represented by restricted stock units (RSUs) at a price of $0.
- These RSUs vest on April 1, 2025, or the first business day thereafter, and each RSU represents the right to receive one share of RMBS common stock.
- Kissner also reported disposing of 34,498 shares of common stock.
- Following these transactions, Kissner directly owns 18,747 shares through Kissner and Associates LLC.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common practice and regulated by the SEC to ensure transparency and prevent insider trading.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- It helps maintain investor confidence by ensuring compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of stock acquisition and disposal. |
| 04/01/2025 | Vesting date for restricted stock units (RSUs). |
| 04/02/2024 | Date of signature for the report. |
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