InMode (INMD) North America president reports ordinary share and RSU holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
InMode Ltd. executive Michael Howard Dennison filed an initial statement of ownership as President, North America. He reports direct holdings of 7,654 ordinary shares and restricted stock units covering 24,500 underlying ordinary shares vesting on February 15, 2027 and 17,500 underlying ordinary shares vesting on February 15, 2028. Each restricted stock unit represents the right to receive one ordinary share at vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Dennison Michael Howard
Role
President, North America
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock | -- | -- | -- |
| holding | Restricted Stock | -- | -- | -- |
| holding | Ordinary Shares, par value NIS 0.01 per ordinary share | -- | -- | -- |
Holdings After Transaction:
Restricted Stock — 24,500 shares (Direct);
Ordinary Shares, par value NIS 0.01 per ordinary share — 7,654 shares (Direct)
Footnotes (1)
- Reflects restricted stock units granted to the Reporting Person pursuant to Section 16b-3 that vest on 2/15/2027. Each restricted stock unit represents the contingent right to receive one ordinary share. Reflects restricted stock units granted to the Reporting Person pursuant to Section 16b-3 that vest on 2/15/2028. Each restricted stock unit represents the contingent right to receive one ordinary share.
FAQ
What does the InMode (INMD) Form 3 filing by Michael Howard Dennison report?
The filing reports Michael Howard Dennison’s initial ownership in InMode as President, North America. It lists his direct holdings of ordinary shares and restricted stock units that convert into ordinary shares upon future vesting dates, without showing any recent purchases or sales.
What restricted stock units does Michael Howard Dennison hold in InMode (INMD)?
He holds restricted stock units tied to 24,500 underlying ordinary shares vesting on February 15, 2027, and 17,500 underlying ordinary shares vesting on February 15, 2028. Each unit represents a contingent right to receive one ordinary share at vesting.
Are the InMode (INMD) restricted stock units held by Michael Howard Dennison currently exercisable?
The restricted stock units are not yet vested or settled; they vest on February 15, 2027, and February 15, 2028. Until those vesting dates, they represent contingent rights rather than immediately exercisable or tradable ordinary shares in the market.
What is the conversion ratio for Michael Howard Dennison’s InMode (INMD) restricted stock units?
Each restricted stock unit held by Michael Howard Dennison represents the contingent right to receive one ordinary share. When the units vest on their respective future dates, they convert on a one-for-one basis into InMode ordinary shares, assuming vesting conditions are met.