Kapu-Leyland Nicole Ka'ulu'okala 4
Research Summary
AI-generated summary
Fidelis (FIHL) Group GC Nicole Kapu-Leyland Receives Award
What Happened
- Nicole Kapu‑Leyland, Group General Counsel of Fidelis Insurance Holdings Ltd (FIHL), was granted 46,376 restricted share units (RSUs) on 2026-03-30. The Form 4 reports an acquisition price of $0.00 (award/grant), so no cash exchanged at grant.
Key Details
- Transaction date: 2026-03-30; Filing date: 2026-04-01 (appears timely under Form 4 rules).
- Transaction type/code: Award/Grant (A).
- Amount granted: 46,376 RSUs; reported acquisition price: $0.00.
- Footnote F1: Notes "Consists of 78,853 restricted share units ('RSUs') subject to time‑based vesting conditions. Each RSU represents a contingent right to receive one common share upon vesting."
- Shares owned after transaction: Not specified in the filing.
- Exhibit: Exhibit 24 — Power of Attorney included.
Context
- RSUs are compensation awards that convert to actual shares only if and when vesting conditions are met; they do not represent immediately tradable shares and are common for executive/retention pay. This is an award (not a market purchase or sale) and should be interpreted as compensation-related rather than a direct insider market signal.