Brink Diane D 4

What Happened
Diane D. Brink, a director of indie Semiconductor (INDI), was awarded 3,074 restricted stock units (RSUs) that were fully vested and converted to common shares on March 1, 2026. The Form 4 reports an award (A) of 3,074 RSUs, an exercise/conversion (M) acquiring 3,074 shares, and a corresponding conversion/disposition entry for 3,074 derivative instruments. All entries show a per-share price of $0.00 and a total reported value of $0.

Key Details

• Transaction date: 2026-03-01 (reported on Form 4 filed 2026-03-02) — filing appears timely.
• Reported amounts: 3,074 RSUs granted/vested and 3,074 shares acquired/converted; a matching derivative disposition of 3,074 also reported.
• Price/value: $0.00 per share reported; total reported value $0.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: F1 — each RSU represents a contingent right to one share. F2 — these RSUs were fully vested on the grant date and were issued in lieu of a quarterly cash retainer (board-approved director compensation).

Context
This was an award/vesting and conversion of RSUs (compensation-related), not an open-market purchase. RSUs issued in lieu of cash retainer are routine director compensation and do not by themselves signal insider buying interest. The derivative/conversion entries reflect the mechanics of RSUs converting into common stock per the footnotes.