Higashi Emiko 4

What Happened

• Emiko Higashi, a director of Rambus, was awarded 2,223 restricted stock units (RSUs) on April 1, 2026. The reported acquisition price is $0.00, so no cash was paid; total reported value = $0. This is an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-01. Form filed: 2026-04-03 (timely filing).
• Shares/units granted: 2,223 RSUs at $0.00 per unit; reported cash value $0 at grant.
• Shares owned after transaction: Not disclosed in the provided excerpt.
• Footnote: F1 — Each RSU represents the contingent right to receive one share of RMBS common stock; all RSUs vest on April 1, 2027 (or the first business day thereafter).
• No 10b5-1 plan, tax-withholding sale, or exercise/sale reported in this filing.

Context

• RSU grants are compensation awards that convert into actual shares only when they vest; they do not indicate an immediate cash investment or sale. Vesting is scheduled one year from grant, so shares will only be issued (and taxable) if/when vesting conditions are met. This type of transaction is common for directors and is primarily a compensation matter rather than an immediate market signal.