MADHAVPEDDI KALIDAS V 4

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.