ALDRICH DAVID J 4
4 · indie Semiconductor, Inc. · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
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
ALDRICH DAVID J
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2026-05-28+59,932→ 248,911 total - Award
Restricted Stock Units
[F1][F2]2026-05-28+37,454→ 37,454 total→ Class A Common Stock (37,454 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-05-28−59,932→ 0 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