Makagon Kira 4

What Happened Kira Makagon, a director of Calix, Inc. (CALX), received a grant of 4,967 restricted stock units (RSUs) on 2026-05-14. The RSUs were awarded at $0.00 per share (no cash paid) and represent a contingent right to receive one share of common stock per RSU when they vest.

Key Details

• Transaction type: Award/Grant (code A) of RSUs.
• Date of grant: 2026-05-14; Form 4 filed 2026-05-18 (timely).
• Shares granted: 4,967 RSUs; acquisition price reported as $0.00 (no immediate cash value realized).
• Vesting: RSUs vest in full one day prior to the issuer's next annual stockholder meeting (per footnote).
• Beneficial ownership: Filing notes that the amount of securities beneficially owned includes the 4,967 unvested RSUs (per footnote).

Context This is a routine director equity award under the company’s non-employee director equity compensation policy and does not reflect an open-market purchase or sale. RSU grants compensate directors and only convert to shares upon vesting, so they do not result in immediate share ownership or proceeds.