4Filed Sep 9, 8:00 PM ET
Ambarella (AMBA) Director David Richardson Receives 3,151-Share RSU
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Ambarella (AMBA) Director David Richardson Receives 3,151-Share RSU
What Happened
- David Jeffrey Richardson, an independent director of Ambarella, received an award of 3,151 restricted stock units (RSUs) reported on Form 4 for the period ending Sep 8, 2026. The RSUs were granted at $0.00 per share (no cash paid) and thus have a reported acquisition value of $0 on the filing. This is an equity award (transaction code A), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-09-08; Filing date: 2026-09-10 (Form 4) — appears timely (Form 4 typically due within 2 business days).
- Consideration: $0.00 per share; total reported acquisition value $0.
- Shares granted: 3,151 RSUs.
- Shares owned after transaction: not specified in the filing.
- Footnote (vesting): The Board approved an annual RSU grant of 3,151 Ordinary Shares to each independent director. Vesting begins Sep 15, 2026 and vests 1/4 every three months, reaching 100% vesting on Sep 15, 2027, subject to continued service.
- Transaction code: A = Award/Grant.
Context
- RSUs are conditional awards that convert to actual shares only as they vest; they do not represent immediately tradable shares. Such director awards are common compensation for non-employee directors and do not by themselves indicate a buy/sell signal. Taxes or withholding at vesting may reduce net shares delivered.