indie Semiconductor, Inc.·4

May 29, 7:38 PM ET

ALDRICH DAVID J 4

4 · indie Semiconductor, Inc. · Filed May 29, 2026

Research Summary

AI-generated summary of this filing

Updated

INDI Director David Aldrich Exercises Derivatives, Receives RSUs

What Happened

  • Director David J. Aldrich reported multiple transactions dated May 28, 2026. He exercised/converted 59,932 derivative shares (transaction code M) and the same 59,932 shares were disposed the same day (both reported at $0.00). He also acquired 37,454 restricted stock units (RSUs) (transaction code A) reported at $0.00. All reported dollar amounts for these transactions are $0 on the Form 4.

Key Details

  • Transaction dates: May 28, 2026; Form 4 filed May 29, 2026 (filing appears timely).
  • Exercised/converted: 59,932 shares (M) — acquired and disposed same day; price reported $0.00.
  • Awarded/acquired: 37,454 RSUs (A) — price reported $0.00; each RSU converts to one share (footnote F1).
  • Footnotes: RSUs were granted under the issuer’s non-employee director compensation policy (F2) and the RSUs vested on May 28, 2026, the date of the 2026 Annual Meeting (F3).
  • Shares owned after the transaction are not stated in the supplied summary of the filing.

Context

  • The filing shows conversion/exercise of derivatives and an immediate disposition of the same number of shares; Form 4 entries list $0.00 for the transactions, so no sale proceeds or prices are reported in the filing. The 37,454 RSUs are a director compensation award that vested on the transaction date — this is a routine compensation event for a non-employee director rather than an open-market purchase.

Insider Transaction Report

Form 4
Period: 2026-05-28
Transactions
  • Exercise/Conversion

    Class A Common Stock

    2026-05-28+59,932248,911 total
  • Award

    Restricted Stock Units

    [F1][F2]
    2026-05-28+37,45437,454 total
    Class A Common Stock (37,454 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F3]
    2026-05-2859,9320 total
    Class A Common Stock (59,932 underlying)
Footnotes (3)
  • [F1]Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
  • [F2]The restricted stock units are granted pursuant to the Issuer's non-employee director compensation policy. The restricted stock units vest on the earlier of May 28, 2027, or the date of the 2027 Annual Shareholder Meeting.
  • [F3]The restricted stock units vested on May 28, 2026, the date of the Issuer's 2026 Annual Meeting.
Signature
/s/ David Aldrich, by Naixi Wu pursuant to power of attorney filed on June 21, 2021|2026-05-29

Documents

1 file
  • 4
    ownership.xmlPrimary

    4