Olving Lena 4

What Happened
Lena Olving, a director of NXP Semiconductors (NXPI), had 1,035 restricted stock units (RSUs) converted to common shares on June 10, 2026. To satisfy tax withholding, 513 of those shares were surrendered at $297.41 per share, totaling $152,571. The filing also shows a grant of 841 new RSUs to Ms. Olving on the same date. The conversions/awards were recorded at $0 exercise price (typical for RSU settlements).

Key Details

• Transaction date: June 10, 2026. Filing date: June 12, 2026 (appears timely).
• Conversions/settlement: 1,035 RSUs converted to shares (code M) at $0.00.
• Tax withholding: 513 shares disposed (code F) at $297.41 = $152,571 withheld.
• New award: 841 RSUs granted (code A) at $0.00 on 06/10/2026.
• Net shares delivered after withholding: 1,035 − 513 = 522 shares retained by the insider.
• Shares owned after the transaction: not disclosed in the provided filing excerpt.
• Footnotes: confirm RSUs represent one share each and describe vesting schedules — prior RSUs vested on the earlier of the first anniversary of the 06/11/2025 grant and the next AGM; the 06/10/2026 RSU grant vests on the earlier of its first anniversary and the next AGM.
• Transaction codes: M = exercise/conversion of derivative (RSU settlement), F = tax withholding, A = award/grant.

Context
This was not a market purchase or open-market sale but an RSU settlement with shares withheld to cover taxes (a common, administrative action). The 841 new RSUs are subject to vesting (per the footnote) and do not represent immediately tradable shares. The $152,571 figure reflects the value of shares surrendered for tax withholding, not a cash sale by the insider.