MADHAVPEDDI KALIDAS V 4
4 · Sinda Ltd. · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Sinda (SIND) Director Madhavpeddi Kalidas V Receives RSU Award
What Happened
- Madhavpeddi Kalidas V, a director of Sinda Ltd. (SIND), received a grant of 10,417 restricted stock units (RSUs) on June 29, 2026. The Form 4 reports the acquisition type as an award/grant (code A) at $0.00 per unit (total reported value $0).
Key Details
- Transaction date: 2026-06-29; Form 4 filed: 2026-07-01 (appears timely under Form 4 rules).
- Securities: 10,417 RSUs granted; reported acquisition price: $0.00.
- Vesting: According to the filing footnote, the RSUs vest in full on the date of Sinda’s 2027 Annual Meeting of Stockholders, subject to continued service as a board member.
- Shares owned after transaction: Not specified in the provided filing details.
- No 10b5-1 plan, market sale, or tax-withholding event reported in this filing.
Context
- RSUs are a compensation award that convert to common shares only upon vesting; this grant does not represent an immediate open-market purchase or sale. Such awards are common for directors and are typically tied to continued service rather than signaling a near-term trade.
Insider Transaction Report
Form 4
Sinda Ltd.SIND
MADHAVPEDDI KALIDAS V
Director
Transactions
- Award
Common Stock
[F1]2026-06-29+10,417→ 10,417 total
Footnotes (1)
- [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 in full on the date of the Issuer's 2027 Annual Meeting of Stockholders, subject to the reporting person's continued service as a member of the Issuer's Board of Directors through such date.
Signature
/s/ Jaime Cortes Alvarez, as attorney-in-fact|2026-07-01