NXP Semiconductors N.V.·4

Jun 12, 6:10 AM ET

SUMME GREGORY L 4

4 · NXP Semiconductors N.V. · Filed Jun 12, 2026

Research Summary

AI-generated summary of this filing

Updated

NXP (NXPI) Director Gregory L. Summe Exercises RSUs and Has Shares Withheld

What Happened

  • Gregory L. Summe, a director of NXP Semiconductors (NXPI), had restricted stock units (RSUs) convert/exercise on June 10, 2026. A total of 1,035 RSUs were converted into common shares. To satisfy tax withholding, 513 of those shares were surrendered/disposed at $297.41 per share, totaling $152,571. The filing also shows a new grant of 841 RSUs to Summe on the same date.

Key Details

  • Transaction dates: June 10, 2026; Form filed June 12, 2026 (appears timely).
  • Conversions/exercises: 1,035 RSUs converted (report shows acquisition of shares from derivative conversion).
  • Tax withholding: 513 shares withheld/disposed at $297.41 each for $152,571 (code F).
  • New award: 841 RSUs granted (code A) — see footnote on vesting schedule.
  • Footnotes: RSUs represent the conditional right to one share (F1, F3). Vesting schedules cited: earlier of first anniversary of grant and next annual shareholders’ meeting (F2, F4).
  • Shares owned after the transactions are not specified in the provided data.

Context

  • This appears to be a routine RSU vesting/conversion with a share-for-tax withholding rather than an open-market sale or purchase. The withholding (code F) is a common way to cover tax obligations on vested RSUs (a cashless settlement), and a new RSU grant (code A) was also reported. These actions are administrative and do not necessarily signal a change in the director’s market view.

Insider Transaction Report

Form 4
Period: 2026-06-10
Transactions
  • Exercise/Conversion

    Common Stock

    2026-06-10+1,0359,157.896 total
  • Tax Payment

    Common Stock

    2026-06-10$297.41/sh513$152,5718,644.896 total
  • Exercise/Conversion

    Restricted Stock Unit

    [F1][F2]
    2026-06-101,0350 total
    Common Stock (1,035 underlying)
  • Award

    Restricted Stock Unit

    [F3][F4]
    2026-06-10+841841 total
    Common Stock (841 underlying)
Footnotes (4)
  • [F1]Each Restricted Stock Unit represents the conditional right to receive one share of common stock.
  • [F2]The Restricted Stock Units vest 100% on the earlier of the first anniversary of the 6/11/2025 grant date and the date of the next annual general meeting of the shareholders of NXP Semiconductors N.V.
  • [F3]Each Restricted Stock Unit represents the conditional right to receive one share of the common stock.
  • [F4]The Restricted Stock Unit vests 100% on the earlier of the first anniversary of the 06/10/2026 grant date and the date of the next annual general meeting of the shareholders of NXP Semiconductors N.V.
Signature
/s/ Gregory L Summe by Timothy Shelhamer under Power of Attorney|2026-06-12

Documents

1 file
  • 4
    wk-form4_1781259047.xmlPrimary

    FORM 4