Burwell Michael J 4
Research Summary
AI-generated summary
NIQ CFO Michael Burwell Receives 65,847 RSUs
What Happened
- Michael J. Burwell, Chief Financial Officer of NIQ Global Intelligence plc (NIQ), was granted 65,847 restricted share units (RSUs) on February 18, 2026. The grant is recorded at $0.00 per unit (no cash paid at grant). The RSUs vest in three equal installments (33% each) on the first, second and third anniversaries of the vesting commencement date, February 18, 2026.
Key Details
- Transaction date: 2026-02-18. Form 4 filed: 2026-02-20 (appears timely).
- Grant: 65,847 RSUs; reported price: $0.00; total cash exchanged: $0.
- Vesting: 33% on each of the three anniversaries beginning Feb 18, 2026 (see footnote F1).
- Shares held for benefit of reporting person by AI PAVE (Luxembourg) Management & Cy S.C.Sp., subject to vesting per award agreement (footnote F2).
- Shares owned after the transaction are not specified in the supplied transaction summary — see the full Form 4 for complete beneficial ownership details.
Context
- RSUs are a form of equity award that represent a contingent right to receive ordinary shares upon vesting; they are not an immediate purchase or sale. The grant itself does not indicate an immediate cash transaction or a market sale; value realized will depend on NIQ’s share price at each vesting date. Such awards are common for executives as part of compensation packages.