Randolph Marcus Philip 4
Research Summary
AI-generated summary
AngloGold Ashanti Director Randolph Marcus Philip Receives Award
What Happened
- Randolph Marcus Philip, a director of AngloGold Ashanti PLC (ticker: AU), was granted 1,580 restricted share units (RSUs) on May 11, 2026. The grant was reported on a Form 4 filed May 12, 2026. The reported acquisition price is $0.00, so there was no immediate cash transfer or cost recorded at grant.
Key Details
- Transaction type: Award/Grant (Form 4 transaction code A)
- Date of transaction: 2026-05-11; Form filed: 2026-05-12 (timely)
- Shares/units granted: 1,580 RSUs; reported acquisition price: $0.00
- Shares owned after transaction: not provided in the filing
- Footnote: Each restricted share unit is a contingent right to receive one ordinary share upon vesting; vesting and lapse of restrictions are subject to the reporting person’s continued service through the applicable vesting date (see footnote F1)
- No indication of a 10b5-1 plan, tax withholding sale, or late filing in this report
Context
- RSU grants are a common long-term compensation mechanism and do not represent immediate ownership of shares; each RSU converts to one ordinary share only upon vesting, subject to service conditions noted above. Because the grant price is $0, there was no cash paid and no immediate tax/market impact recorded in the Form 4. This is an award, not a purchase or sale, and should be viewed as compensation rather than an insider market-timing signal.