McCaffery Stephen J. bought RBBN
October 31, 2025 · Form 4 insider transaction
McCaffery Stephen J. bought 64,804 shares of Ribbon Communications Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
Each RSU and PSU converts into common stock on a one-for-one basis.; The PSUs were awarded on October 31, 2025. The number of PSUs earned and issuable upon vesting will be determined based on goals (set by the Compensation Committee on an annual basis) for each of the three fiscal years ending December 31, 2025, 2026 and 2027. The aggregate number of shares issued may range from zero shares to 150% of the target number of shares reported in column 3 of Table II. The number of PSUs reported in column 3 of Table II reflects achievement at the target level of performance. The PSUs will vest on May 15, 2028.