FISHER RONALD D 4
Research Summary
AI-generated summary
ARM Director Ronald D. Fisher Receives RSU Award
What Happened
Ronald D. Fisher, a director of Arm Holdings plc (ARM), was granted 1,531 restricted stock units (RSUs) on May 15, 2026. The RSUs were reported at a $0.00 acquisition price (common for compensation awards) and are a derivative award that will convert into American Depositary Shares (ADSs) upon vesting/delivery.
Key Details
- Transaction date: May 15, 2026; filing date: May 19, 2026.
- Award: 1,531 RSUs; reported acquisition price $0.00 (derivative award).
- Shares owned after transaction: not specified in the filing.
- Footnotes of note:
- F1: Each RSU equals the right to receive 1 Ordinary Share held in the form of an ADS (1 ADS = 1 Ordinary Share).
- F2: RSUs vest in full on May 15, 2027 subject to continued service, but delivery of ADSs is deferred until Mr. Fisher leaves the Board per his election.
- F3: Clarifies Ordinary Shares are held as ADSs; each ADS represents 1 Ordinary Share.
- No indication of a 10b5-1 plan, sale, or tax-withholding share-forfeiture in this filing.
Context
This is a typical equity compensation award to a director rather than an open-market purchase or sale. RSUs carry no immediate cash outlay and usually align long-term interest with shareholders; because delivery of ADSs is deferred until termination of service, Fisher will not receive the underlying shares immediately upon vesting.