ALDRICH DAVID J 4
4 · indie Semiconductor, Inc. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
indie Semiconductor (INDI) Director David Aldrich Receives and Disposes 6,148 Shares
What Happened
- David J. Aldrich, a director of indie Semiconductor, was granted 6,148 restricted stock units (RSUs) that were fully vested and converted/exercised into 6,148 shares on 2026-03-01. The filing also reports a disposition of 6,148 shares the same day. All transactions are reported at $0.00 per share (total $0) in the Form 4.
- These RSUs were issued in lieu of a quarterly cash retainer (and any chairperson fees) under the company’s voluntary independent director compensation program.
Key Details
- Transaction date: 2026-03-01; Form 4 filed 2026-03-02 (timely).
- Reported prices/values: $0.00 per share, total $0 for the award, conversion, and disposition entries.
- Shares involved: 6,148 RSUs granted/vested → 6,148 shares acquired via conversion/exercise → 6,148 shares disposed (all reported the same day).
- Shares owned after transaction: not specified in the information provided in this summary.
- Footnotes: F1 — each RSU = contingent right to one Class A common share. F2 — RSUs were fully vested at grant and represent shares received instead of the forgone cash retainer; the number of shares equals the forgone cash divided by INDI’s closing price on the grant date.
- Insider status: director (not a 10% owner); no 10b5-1 plan or reason for disposition stated.
Context
- For retail investors: this is primarily an award/settlement of RSUs, not a straightforward open-market buy or cash sale with a reported price. The filing shows acquisition (RSU grant and conversion) and a same-day disposition of the resulting shares, but it does not disclose sale proceeds or the reason for the disposition (e.g., tax withholding, sale, or transfer). No late filing is indicated.
Insider Transaction Report
Form 4
ALDRICH DAVID J
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2026-03-01+6,148→ 188,979 total - Award
Restricted Stock Units
[F1][F2]2026-03-01+6,148→ 6,148 total→ Class A Common Stock (6,148 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-03-01−6,148→ 0 total→ Class A Common Stock (6,148 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
- [F2]Represents Restricted Stock Units ("RSUs") that were fully vested as of the grant date. These RSUs represent shares received in lieu of a quarterly cash retainer and chairperson fees, if any, as part of a voluntary independent director compensation program as approved by the Board of Directors in June 2023. The number of underlying shares is equal to the amount of the forgone quarterly cash retainer and chairperson fees, if any, divided by the closing trading price of INDI on the date of grant.
Signature
/s/ David Aldrich, by Naixi Wu pursuant to power of attorney filed on June 21, 2021|2026-03-02