Ribbon Communications Inc.·4

Jun 17, 4:41 PM ET

INFANTE BEATRIZ V 4

4 · Ribbon Communications Inc. · Filed Jun 17, 2026

Research Summary

AI-generated summary of this filing

Updated

Ribbon (RBBN) Director Beatriz Infante Receives RSUs, Converts Shares

What Happened

  • Beatriz V. Infante, a director of Ribbon Communications (RBBN), reported the vesting/conversion of RSUs and related share disposition. The filing shows a grant/award of 63,197 RSUs (reported as acquired on 2026-06-15) and the conversion/exercise of derivative awards on 2026-06-16 that resulted in both an acquisition and a disposition of 42,500 shares.
  • No cash proceeds are reported for the disposed shares (disposed at $0.00). This event is compensation-related (RSU vesting/conversion), not an open-market buy or cash sale.

Key Details

  • Transaction dates and types:
    • 2026-06-15: Grant/award reported — 63,197 RSUs acquired @ $0.00 (derivative).
    • 2026-06-16: Conversion/exercise of derivative — 42,500 shares acquired (reported N/A for price).
    • 2026-06-16: Conversion/exercise of derivative — 42,500 shares disposed @ $0.00 (derivative).
  • Net shares from the reported activity: 63,197 RSUs converted; 42,500 shares were disposed, leaving a net 20,697 shares retained from this conversion (calculation based on reported amounts; the filing does not explicitly list total post-transaction holdings).
  • Footnotes:
    • F1: Each RSU converts into one share of common stock.
    • F3: These RSUs were awarded on June 16, 2025 and vested in full on June 16, 2026.
    • F2 describes a different RSU grant with a later vesting schedule (June 15, 2027) and service condition.
  • Filing timeliness: The filing does not indicate a late filing.

Context

  • RSU vesting and conversion is a compensation event; conversions often generate tax obligations. Disposals recorded at $0 typically reflect shares withheld or surrendered to satisfy tax withholding or net-settlement rather than an open-market sale. Such events are not direct bullish/bearish market signals like purchases or open-market sales.
  • For retail investors, purchases are usually more informative of insider sentiment. This filing documents routine compensation vesting and conversion for a director.

Insider Transaction Report

Form 4
Period: 2026-06-15
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-06-16+42,500385,724 total
  • Award

    Restricted Stock Units (RSUs)

    [F1][F2]
    2026-06-15+63,19763,197 total
    Common Stock (63,197 underlying)
  • Exercise/Conversion

    RSUs

    [F1][F3]
    2026-06-1642,5000 total
    Common Stock (42,500 underlying)
Footnotes (3)
  • [F1]Each RSU represents a contingent right to receive one share of the Issuer's common stock.
  • [F2]The RSUs will vest on June 15, 2027, subject to the Reporting Person's continued service with the Issuer through such date; provided, however, that if the Issuer's 2027 Annual Meeting of Stockholders (the "2027 Annual Meeting") occurs prior to June 15, 2027, and, at such 2027 Annual Meeting, the Reporting Person either chooses not to stand for re-election to the Issuer's Board of Directors or, after standing for re-election, is not re-elected, then these RSUs will vest as of the date of the 2027 Annual Meeting.
  • [F3]The RSUs were awarded on June 16, 2025 and vested in full on June 16, 2026.
Signature
Patrick Macken, By POA from Beatriz Infante|2026-06-17

Documents

1 file
  • 4
    form4.xmlPrimary

    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES