Chen Button Angie 4

What Happened

Angie Chen Button, a director of Diodes Inc. (DIOD), received an award of 6,000 restricted stock units (RSUs) reported on 2026-05-11. The Form 4 reports an acquisition price of $0.00 (standard for RSU grants), so no cash was exchanged at grant. This is a grant of equity compensation rather than a purchase or sale.

Key Details

• Transaction date: 2026-05-11; filing date: 2026-05-13 (timely; Form 4 generally must be filed within two business days).
• Transaction type/code: A — Grant/Award.
• Shares/units granted: 6,000 RSUs; reported acquisition price: $0.00 (total reported cash value at grant $0).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes:
  • F1: RSUs vest in four equal installments beginning 05/26/2027.
  • F2: Granted under the company’s Rule 16b-3 plan (exemptive relief for certain director awards).

Context

RSU grants to directors are a common form of compensation and do not involve an immediate cash outlay or sale of shares. Vesting is delayed (first vesting 05/26/2027), so the director does not receive freely tradable shares at grant. Being granted RSUs under Rule 16b-3 is a standard way companies issue equity to insiders while complying with short-swing profit rules. This transaction is informational and does not by itself indicate a buying or selling signal.