Spilman Mary 4

What Happened Mary Spilman, Chief Commercial Officer of Teads Holding Co. (TEAD), was granted 1,400,000 restricted stock units (RSUs) on 2026-03-11. The Form 4 reports an acquisition at $0.00 (code A), indicating these were equity awards rather than a cash purchase. No cash value is disclosed on the filing; the RSUs convert to shares only as they vest.

Key Details

• Transaction date: 2026-03-11 (reported on Form 4 filed 2026-03-13).
• Transaction type/code: Award/Grant (A).
• Amount: 1,400,000 restricted stock units; reported price $0.00 (award).
• Shares owned after the transaction: not specified in the filing.
• Vesting note (footnote): RSUs granted under the 2021 Long-Term Incentive Plan; 25% vested on December 5, 2025, with the remaining units vesting in equal quarterly installments thereafter.
• Filing timeliness: Filed within two business days (timely); no 10b5-1 plan, tax-withholding, or immediate sale noted on the Form 4.

Context RSU grants are typically compensation/retention awards and do not represent an outright market purchase or sale by the insider. Because RSUs only become actual shares as they vest (and may be forfeited if conditions aren’t met), they do not necessarily signal short-term buying or selling intent. This was a standard equity award reported for transparency.