Himax (HIMX) CFO Pan Ming‑Feng Receives RSU Award

What Happened
Pan Ming‑Feng, Chief Financial Officer of Himax Technologies (HIMX), received a grant of 1,629 restricted stock units (RSUs) on September 24, 2026. The award was reported on a Form 4 filed September 25, 2026. The reported dollar price is $0.00 because this is a compensation award (derivative), not a purchase; each RSU represents the contingent right to receive two ordinary shares upon vesting, so the grant converts to 3,258 underlying shares if and when vested.

Key Details

• Transaction type: A = Award/Grant (derivative RSUs)
• Grant date / Reported: 2026-09-24 (transaction) / 2026-09-25 (Form 4 filed)
• RSUs granted: 1,629 RSUs (each RSU = right to 2 ordinary shares → 3,258 underlying shares)
• Price: $0.00 (no cash paid)
• Vesting: Annual schedule — 543 RSUs vest on 2027-09-30, 543 on 2028-09-30, and 543 on 2029-09-30 (no expiration) [Footnotes F1–F2]
• Shares owned after transaction: Not specified in the provided filing excerpt
• Timeliness: Filing appears timely (reported one day after grant)
• No indication in the filing of tax withholding, 10b5-1 plan, or immediate sale

Context
RSU awards are a form of compensation and only convert into actual shares if the vesting conditions (here, continued service) are met; they do not represent immediately tradable stock. Such grants are common for executives and are not the same signal as an open‑market purchase or sale. This transaction increases potential future insider ownership if vesting conditions are satisfied, but it does not reflect an immediate cash investment or liquidity event.