Muniz Quintanilla Daniel 4

What Happened

• Daniel Muniz Quintanilla, a director of Sinda Ltd. (SIND), received two awards on 2026-06-29: 940,649 restricted stock units (RSUs) and a 940,649-unit derivative award. Both awards show $0.00 purchase price (awarded, not bought), so no cash changed hands at grant.
• These grants are compensation awards (not open-market purchases or sales) and therefore do not represent an immediate buy or sell decision.

Key Details

• Transaction date: 2026-06-29; Form 4 filed: 2026-07-01 (within the typical two-business-day Form 4 window).
• Price: $0.00 per unit for both awards.
• Shares owned after transaction: Not reported in the provided data.
• Footnotes:
  • F1: RSUs — each unit is a contingent right to one common share; RSUs vest 25% on each of the first four anniversaries of the grant date, subject to continued service.
  • F2: Derivative award (per filing language) — described as stock options that vest 25% on each of the first four anniversaries of the grant date, subject to continued service.

Context

• RSUs convert into common shares as they vest; the derivative award appears to be stock options with the same 4-year, 25% annual vesting schedule. Neither award indicates an immediate sale or exercise.
• Awards to directors are commonly part of compensation packages; they are informational about potential future share issuance rather than current buying/selling activity.