TTEC Holdings, Inc.·4

May 26, 4:47 PM ET

LOFTEN GINA 4

Research Summary

AI-generated summary

Updated

TTEC (TTEC) Director Gina Loften Receives RSU Vesting and New RSU Grant

What Happened

  • Gina Loften, a director of TTEC Holdings, had 36,965 time‑based RSUs vest on May 21, 2026, which converted to 36,965 shares (acquired at $0.00). On the same date she was granted 70,896 additional time‑based RSUs (recorded as a derivative award, $0.00).
  • These transactions are awards/vesting events (not open‑market purchases or sales), so they reflect compensation and equity grants rather than a buy or sell decision.

Key Details

  • Transaction date: May 21, 2026. Filing date (Form 4): May 26, 2026 (filed one business day late vs. the typical 2‑business‑day requirement).
  • Prices: $0.00 per share for both the vested RSUs (conversion) and the new RSU grant.
  • Share counts: 36,965 shares converted from vested RSUs; 70,896 RSUs newly granted (these are derivative awards).
  • Shares owned after the transaction: not disclosed in the provided summary of the filing.
  • Footnotes:
    • F1: The 36,965 RSUs were originally granted May 23, 2025 and vested in full on May 21, 2026 per the RSU agreement.
    • F2: The 70,896 RSUs were granted May 21, 2026 and vest in full on the earlier of (i) the first anniversary of grant, (ii) the next annual meeting, or (iii) a change‑in‑control.
  • Transaction codes: M = exercise/conversion of derivative (vesting/conversion of RSUs); A = grant/award of RSUs.

Context

  • RSUs are compensation awards that convert into shares when they vest; these events are common for directors and executives and do not by themselves indicate buying or selling intent.
  • No immediate sale of shares was reported — the vested RSUs were converted to shares and retained (as reported), and the new RSUs will vest in the future per the agreement.
  • The filing was submitted after the usual 2‑business‑day window, which delays public disclosure but does not by itself indicate misconduct.