indie Semiconductor (INDI) Director Thomas Schiller Receives 40,000 RSUs

What Happened

• Thomas Schiller, a director and strategic advisor at indie Semiconductor, received a grant of 40,000 restricted stock units (RSUs) reported on Form 4 for the 2026-07-27 transaction date. The award is recorded at $0.00 per unit (transaction code A — grant/award), meaning no cash was paid; RSUs are a derivative right to receive shares in the future.

Key Details

• Transaction date: 2026-07-27; Form filed: 2026-07-29 (timely filing).
• Grant amount: 40,000 restricted stock units (RSUs); reported price: $0.00.
• Nature of award: Derivative RSUs (each RSU = contingent right to one share) — see footnote F1.
• Vesting schedule (footnote F2): 25% vests on each of Jan 4, 2027; July 1, 2027; Jan 3, 2028; and July 3, 2028.
• Shares owned after transaction: not specified in the filing.
• Transaction code: A (award/grant). No indication of tax-withholding sale or Rule 10b5-1 plan in the filing.

Context

• RSUs are compensation awards that convert into actual shares only when they vest; they are common executive/director pay and are not the same as an open-market purchase (they do not necessarily signal immediate bullish buying).
• Once RSUs vest and shares are delivered, the recipient typically recognizes taxable income and the company's outstanding share count can increase (dilution), though this filing does not state the eventual settlement or dilution amount.