Cole Scott 4
4 · Sinda Ltd. · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Sinda (SIND) VP Finance Cole Scott Receives Equity Award
What Happened Cole Scott, Vice President, Finance at Sinda Ltd. (SIND), received equity awards on June 29, 2026. The Form 4 reports two acquisitions: 70,834 restricted stock units (RSUs) granted at $0.00 and 141,667 derivative awards (stock options or similar) granted at $0.00. These were awards/compensation grants, not open-market purchases or sales, so there was no cash exchanged at grant.
Key Details
- Transaction date: 2026-06-29; filing date: 2026-07-01 (filed timely).
- Grants: 70,834 RSUs (acquired at $0.00) and 141,667 derivative awards (acquired at $0.00).
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes:
- F1: RSUs — each unit converts to one share when vested; vest 25% on each of the first four anniversaries of the grant, subject to continued service.
- F2: Stock options — vest 25% on each of the first four anniversaries of the grant, subject to continued service.
- Transaction code: A = Award/Grant (not a purchase or sale).
Context RSUs and option-style awards are common employee compensation tools. They typically do not represent immediately tradable shares; value is realized only if and when the awards vest (and, for options, if exercised). Because these entries are grants (compensation), they should be viewed as part of pay structure rather than a direct buy/sell signal from the insider.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-29+70,834→ 80,834 total - Award
Stock Option (Right to Buy)
[F2]2026-06-29+141,667→ 141,667 totalExercise: $12.00Exp: 2036-06-29→ Common Stock (141,667 underlying)
Footnotes (2)
- [F1]Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest 25% on each of the first four anniversaries of the grant date, subject to the reporting person's continued service through such date.
- [F2]These stock options vest 25% on each of the first four anniversaries of the grant date, subject to the reporting person's continued service through such date.