Groh Douglas 4

What Happened
Douglas Groh, a director of Sinda Ltd. (SIND), was granted 10,417 restricted stock units (RSUs) on 2026-06-29. The grant was recorded at $0.00 per share (a standard equity award), so no cash changed hands. This is an equity award (code A) rather than a purchase or sale.

Key Details

• Transaction date: 2026-06-29; reported on Form 4 filed 2026-07-01 (timely filing).
• Grant: 10,417 RSUs; acquisition price reported $0.00 (value is the equity award, not an immediate cash value).
• Shares owned after transaction: Not disclosed in the Form 4.
• Footnote: The RSUs represent a contingent right to one share each and vest in full on the date of Sinda’s 2027 Annual Meeting, subject to Groh’s continued service on the Board. (See footnote F1.)
• Transaction type: Award/Grant (A) — not a sale or market purchase.

Context
RSUs are common director compensation that provide the right to receive shares if vesting conditions are met; they do not represent immediate share ownership or an immediate cash transaction. Such grants are routine for board members and should be viewed as compensation, not a direct buy/sell signal about the company’s near-term prospects.