Ribbon (RBBN) Director Grayson Bruns Receives 14,423-Share Award

What Happened
Grayson Bruns, a director of Ribbon Communications (RBBN), was granted 14,423 shares on July 15, 2026 as compensation for board service. The filing reports the award (code A) with no per-share price shown (listed as N/A); the shares were issued in lieu of cash fees per the company’s director compensation policy.

Key Details

• Transaction date: 2026-07-15 (reported filing date: 2026-07-15) — filing appears timely.
• Shares granted: 14,423 shares; price listed as N/A. Footnote F1: shares issued in lieu of cash fees. Footnote F2: price determined under the registrant’s Non-Employee Director Compensation Policy.
• Shares owned after the transaction: not specified in this filing.
• No sale or purchase occurred — this is a compensatory award to a non-employee director, not an open-market trade or option exercise.

Context
Awards issued in lieu of cash are a routine form of director compensation and do not necessarily signal the director’s view on the stock. For retail investors, such grants increase insider holdings but are generally administrative/compensation-related rather than directional trading signals.