RAMBUS INC·4

Feb 3, 9:17 PM ET

Lynch Desmond 4

Research Summary

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Rambus (RMBS) CFO Desmond Lynch Receives PRSUs; Withholds 22,105 Shares

What Happened
Desmond Lynch, Senior VP and Chief Financial Officer of Rambus, had 34,554 performance restricted stock units (PRSUs) vest on February 1, 2026. The PRSUs were granted at $0 and each represents a contingent right to one share. To satisfy tax withholding requirements, 22,105 shares were withheld/disposed at an effective per-share value of $113.71, representing $2,513,560 in value.

Key Details

  • Transaction dates: February 1, 2026 (reported Feb 3, 2026).
  • Grant/acquisition: 34,554 PRSUs (code A) at $0.00 per share (vesting contingent on performance and service).
  • Tax withholding/disposition: 22,105 shares (code F) at $113.71 per share = $2,513,560 withheld to cover tax liability.
  • Additional note: 86 shares were acquired under the Rambus 2015 Employee Stock Purchase Plan (footnote).
  • Shares owned after transaction: not specified in the filing.
  • Filing timeliness: Report filed Feb 3, 2026 for a Feb 1, 2026 vesting — no late-filing flag indicated.

Context
PRSUs are performance-contingent awards that convert into shares upon vesting; this filing reflects the vesting event and routine tax-withholding (not an open-market sale). Tax-withholding via share retention is common and does not necessarily indicate a change in insider sentiment.