Faison Ralph E 4
Research Summary
AI-generated summary
Arlo (ARLO) Director Ralph Faison Receives RSU Award
What Happened
- Ralph E. Faison, a director of Arlo Technologies, received an award of 14,931 restricted stock units (RSUs) on 2026-06-18. The RSUs were reported as acquired at $0.00 (they are compensation awards, not an open-market purchase), and will convert to one share each upon vesting.
Key Details
- Transaction date: 2026-06-18; Filing date (Form 4): 2026-06-22.
- Transaction type/code: Award/Grant (A); amount: 14,931 RSUs; reported acquisition price: $0.00.
- Vesting: RSUs vest on the date of Arlo’s 2027 annual meeting of stockholders (per footnote).
- Shares owned after transaction: Not disclosed in this filing.
- Timeliness: The Form 4 was filed four days after the grant date (appears later than the standard 2-business-day reporting window).
Context
- RSUs are a form of equity compensation that convert to shares only upon vesting; they do not represent immediately tradable shares. Such grants are routine compensation for directors and do not by themselves indicate a buy/sell market signal.