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Cash settlement of RSU awards during Nasdaq trading halt

Company: Nebius

Subject kind
personnel
Statement date
2024-02-14
Current status
stated

The claim, verbatim

While trading in Class A shares on Nasdaq remains halted, the remaining RSU participants will receive cash compensation on vesting dates equal to the target value of each award tranche.

Source (primary)

nebius 8-K exhibit (yndx-20231231xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-11)Live source ↗

Quote: “In light of the ongoing halt of trading in our Class A shares on Nasdaq, the remaining participants will continue to receive cash compensation on the vesting dates of the relevant RSU equity awards, in an amount equal to the target value of each tranche of such awards.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms nebius 8-K exhibit (yndx-20231231xex99d1.htm)

Quote: “In light of the ongoing halt of trading in our Class A shares on Nasdaq, the remaining participants will continue to receive cash compensation on the vesting dates of the relevant RSU equity awards, in an amount equal to the target value of each tranche of such awards.”

View cached copy (2026-11-11)Live source ↗