Hardy Andrew 4
4 · NXP Semiconductors N.V. · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
NXP (NXPI) Chief Sales Officer Andrew Hardy Exercises 823 RSUs
What Happened
Andrew Hardy, Chief Sales Officer of NXP Semiconductors (NXPI), had 823 restricted stock units (RSUs convertibles to common shares) vest on 2026-02-04. The RSUs converted at $0.00 exercise price; 446 of the vested shares were withheld to cover taxes (disposed) at $220.66 per share for $98,414, leaving a net 377 shares delivered to Hardy. The 823 vested shares were worth about $181,603 at the reported $220.66 price.
Key Details
- Transaction date: 2026-02-04; Form filed 2026-02-05 (appears timely).
- Conversion/exercise: 823 RSUs converted to 823 common shares (code M) at $0.00 exercise price.
- Tax withholding: 446 shares withheld/disposed (code F) at $220.66/share = $98,414.
- Net shares received: 823 − 446 = 377 shares (≈ $83,189 at $220.66).
- Footnotes: F1—each RSU = 1 share; F2—these RSUs vest in three equal annual installments beginning 2/4/2025 (per award terms).
- Shares owned after transaction: not disclosed in the provided filing details.
Context
This was a routine RSU vesting with a cashless-type settlement for taxes (shares withheld rather than a separate cash payment). The conversion price $0.00 reflects that these were RSUs (no purchase cost). Such vesting/withholding transactions are administrative and do not by themselves indicate a buy/sell market signal.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-02-04+823→ 7,755 total - Tax Payment
Common Stock
2026-02-04$220.66/sh−446$98,414→ 7,309 total - Exercise/Conversion
Restricted Stock Unit
[F1][F2]2026-02-04−823→ 1,648 totalExp: 2028-02-04→ Common Stock (823 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit represents the conditional right to receive one share of common stock.
- [F2]The Restricted Stock Units vest in three equal annual installments on the anniversary of the 2/4/2025 grant date (subject to the terms of the reporting person's award agreement).