ALDRICH DAVID J 4

What Happened

• David J. Aldrich, a director of indie Semiconductor (INDI), was granted 4,621 restricted stock units (RSUs) on 2026-06-01, which were fully vested as of the grant date. The filing shows a conversion/exercise of a derivative to acquire 4,621 shares at $0.00 and a same-day disposition of 4,621 shares, all reported with $0 consideration. This set of entries reflects compensation-related RSUs being converted into shares and then disposed of the same day, rather than a cash purchase.

Key Details

• Transaction date: 2026-06-01 (reported on Form 4 filed 2026-06-03).
• Reported prices/values: Acquisition and disposition entries listed at $0.00; total consideration reported $0.
• Shares involved: 4,621 RSUs granted; 4,621 shares acquired via conversion; 4,621 shares disposed.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: F1 — each RSU represents a contingent right to one Class A common share. F2 — these RSUs were fully vested on grant and were issued in lieu of a quarterly cash retainer (and chair fees, if any) per the board-approved independent director compensation program.
• Timeliness: Filing appears timely (period of report 2026-06-01; filed 2026-06-03).

Context

• These transactions are compensation-related (RSU grant and conversion). RSUs convert to shares without cash payment, which explains the $0 acquisition price; the same-day disposition likely reflects immediate settlement, sale, or transfer of the shares upon vesting but the filing does not show cash proceeds here. Such director RSU awards issued in lieu of cash retainers are routine and do not, by themselves, indicate the director’s buying or selling sentiment.