SharkNinja (SN) CEO exercises 467,909 RSUs and withholds 182,904 shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SharkNinja, Inc. Chief Executive Officer Mark Barrocas reported several equity transactions. He exercised 467,909 Restricted Share Units, converting them into the same number of ordinary shares at a per-share price of $0.00. On the same date, 182,904 ordinary shares were disposed of at $122.87 per share to cover tax obligations. The RSUs, granted on July 31, 2023, included 140,373 time-based and 327,536 performance-based units that fully vested on February 28, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
467,909 shares exercised/converted
Mixed
3 txns
Insider
Barrocas Mark
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 467,909 | $0.00 | -- |
| Exercise | Ordinary Shares | 467,909 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 182,904 | $122.87 | $22.47M |
Holdings After Transaction:
Restricted Share Units — 0 shares (Direct);
Ordinary Shares — 2,629,563 shares (Direct)
Footnotes (1)
- Each Restricted Share Unit represents the contingent right to receive one ordinary share. These Restricted Share Units consist of 140,373 time-based Restricted Share Units and 327,536 performance-based Restricted Share Units that were granted on July 31, 2023 and vested in full on February 28, 2026. The time-based Restricted Share Units were previously reported on the Form 3 filed by the Reporting Person on January 2, 2026. The performance-based Restricted Share Units are being reported for the first time on this Form 4 in connection with their vesting.
FAQ
What insider transactions did SharkNinja (SN) CEO Mark Barrocas report?
Mark Barrocas reported exercising 467,909 Restricted Share Units into ordinary shares and disposing of 182,904 ordinary shares. The disposition was coded as a tax-withholding transaction, meaning shares were delivered to satisfy tax obligations rather than an open-market sale.
How many SharkNinja (SN) RSUs vested for the CEO and when?
A total of 467,909 Restricted Share Units vested for the CEO on February 28, 2026. These comprised 140,373 time-based RSUs and 327,536 performance-based RSUs originally granted on July 31, 2023 under his equity compensation arrangements.
What type of Form 4 transaction code was used in the SharkNinja (SN) filing?
The filing used code M for the exercise or conversion of derivative securities and code F for tax-withholding disposition. Code M reflects RSUs converting into ordinary shares, while code F indicates shares delivered to pay taxes owed on the equity award.
What is the significance of the performance-based RSUs in SharkNinja (SN)'s Form 4?
The performance-based RSUs, totaling 327,536 units, were reported for the first time upon vesting. Their inclusion indicates previously unreported performance-conditioned awards granted on July 31, 2023 that fully vested on February 28, 2026, increasing the CEO’s equity-based compensation.