Cortes Alvarez Jaime 4

What Happened

• Jaime Cortes Alvarez, General Counsel and Secretary of Sinda Ltd. (SIND), was granted equity awards on 2026-06-29: 208,334 restricted stock units (RSUs) and 416,667 derivative awards (stock options). Both grants are reported at an acquisition price of $0, so no cash changed hands on grant.

Key Details

• Transaction date: 2026-06-29; Form 4 filed: 2026-07-01 (appears to be filed within the typical two-business-day window).
• RSUs: 208,334 units granted (see footnote F1). Each RSU represents a contingent right to receive one share upon vesting.
• Options/derivative award: 416,667 shares reported as a derivative grant (see footnote F2).
• Vesting: Both the RSUs (F1) and the options (F2) vest 25% on each of the first four anniversaries of the grant date, subject to continued service.
• Shares owned after transaction: not specified in the provided excerpt; consult the full SEC filing for post-transaction holdings.
• Transaction code: A = award/grant. Reported acquisition price $0 indicates these are compensation grants, not open-market purchases.

Context

• These were grant awards (compensation), not purchases or sales. RSUs convert to shares only as they vest; options likewise vest over four years and must be exercised per plan terms—no immediate sale or exercising is indicated in this filing.
• Such awards are common for employee compensation and do not by themselves indicate buying or selling sentiment. For a complete picture, check future Forms 4 for vesting, exercises, or sales.