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Ribbon Communications Inc.·4

Jun 17, 4:43 PM ET

Tamone Tanya 4

Research Summary

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Updated

Ribbon (RBBN) Director Tanya Tamone Exercises/Withholds RSUs

What Happened

  • Tanya Tamone, a director of Ribbon Communications (RBBN), had vested restricted stock units (RSUs) convert into shares on June 16, 2026. The filing shows an exercise/conversion of 42,500 derivative awards on 2026-06-16 and a simultaneous reported disposition of 42,500 shares at $0.00 (derivative).
  • Separately, the filing reports a grant/award of 63,197 RSUs on June 15, 2026 (reported at $0.00, derivative). No cash purchase or open-market sale for a monetary value is reported in this filing.

Key Details

  • Transaction types and dates:
    • 2026-06-15: Grant/award (A) — 63,197 RSUs @ $0.00 (acquired, derivative).
    • 2026-06-16: Exercise/conversion (M) — 42,500 RSUs converted to shares (acquired).
    • 2026-06-16: Exercise/conversion (M) — 42,500 shares reported disposed at $0.00 (derivative).
  • Prices/values: All RSU entries reported at $0.00; the disposed 42,500 shares are reported at $0.00 in the filing (no cash proceeds shown).
  • Shares owned after transaction: Not specified in this filing.
  • Footnotes from the filing:
    • F1: Each RSU represents the contingent right to one share of common stock.
    • F2: The 63,197 RSUs will vest on June 15, 2027 subject to continued service (or earlier vesting if the director leaves following the 2027 annual meeting under described conditions).
    • F3: A separate RSU award (from June 16, 2025) vested in full on June 16, 2026 — consistent with the conversion/withholding activity reported.
  • Timeliness: The filing does not indicate a late filing status.

Context

  • The M (exercise/conversion) entries reflect conversion of vested RSUs into common shares. The matching disposition of 42,500 shares at $0.00 is consistent with share withholding or surrender to satisfy tax withholding obligations upon vesting (commonly reported as $0.00 in Form 4s).
  • The 63,197-RSU grant is a future-compensation award (A) with vesting conditions; such grants are disclosures of compensation, not open-market purchases or sales, and do not alone signal a buy or sell decision.