PENG VICTOR 4

What Happened Victor Peng, a director of Rambus Inc. (RMBS), received a grant of 2,223 restricted stock units (RSUs) on April 1, 2026. The RSUs were reported at $0.00 per share (no cash paid at grant). Each RSU represents the contingent right to receive one share of Rambus common stock when the RSUs vest.

Key Details

• Transaction date: 2026-04-01; Form 4 filed 2026-04-03 (appears timely).
• Transaction type: Award/Grant (code A) — 2,223 RSUs granted at $0.00.
• Vesting: All RSUs vest on April 1, 2027 (or the first business day thereafter) per footnote.
• Shares owned after the transaction: not specified in the provided filing.
• Footnote: F1 confirms RSUs convert to one share each upon vesting; this is a compensation award, not an open-market purchase or sale.

Context RSUs are a form of equity compensation that do not deliver shares until vesting; there is no immediate cash outlay or sale. Such awards are common for directors and executives as part of compensation and do not, by themselves, indicate a purchase or sale decision in the open market.