indie Semiconductor (INDI) CEO Donald McClymont Receives 500,000 RSUs

What Happened

• Donald McClymont, CEO of indie Semiconductor, was granted 500,000 restricted stock units (RSUs) on July 27, 2026. The award is reported on a Form 4 as an acquisition (code A) of a derivative security with an acquisition price of $0.00 (no cash paid at grant). Each RSU represents a contingent right to receive one share of Class A common stock upon vesting.

Key Details

• Transaction date and price: July 27, 2026 — 500,000 RSUs @ $0.00 per unit (grant).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes from the filing:
  • F1: Each RSU equals the right to one share of Class A common stock.
  • F2: Time-based RSU vesting: 50% of the RSUs vest on July 1, 2027 and the remaining 50% on July 1, 2028.
• Filing timeliness: Form filed July 29, 2026 (within typical two-business-day window); no late filing indicated.
• Transaction type: Award/grant of derivative securities (RSUs); not an open-market purchase or sale. No tax withholding or sale-on-vesting noted in the reported items.

Context

• RSUs are contingent compensation: they do not represent immediate share ownership and convert to shares only upon satisfying vesting conditions. Such grants are commonly used for executive compensation and retention and do not, by themselves, indicate a market purchase or sale decision.