Michael Thomas Hoffmann, EVP and General Counsel of NXP Semiconductors N.V. (NASDAQ:NXPI), filed a Form 4 on November 9, 2026, disclosing restricted stock unit vestings and related share withholdings on November 5 and November 7, 2026.

Key Highlights

  • November 5 vesting: 519 restricted stock units converted to common shares at $0 exercise price, with 268 shares withheld for taxes at $265.01 per share.
  • November 7 vesting: 450 restricted stock units converted to common shares at $0 exercise price, with 232 shares withheld for taxes at $248.29 per share.
  • Direct ownership after transactions: 1,960 shares of common stock held directly following the November 7 events.
  • Indirect ownership: 3 shares of common stock held indirectly by minor children.
  • Remaining RSUs: 520 restricted stock units remain outstanding after the November 5 vesting; the November 7 RSU tranche reaches zero following full vesting.
  • Filing signatory: The form was signed by Timothy Shelhamer under Power of Attorney on behalf of Hoffmann.

RSU Vestings and Tax Withholding Details for NXP General Counsel Hoffmann

According to the filing, Hoffmann's November 5, 2026 activity involved the vesting of 519 restricted stock units under a grant originally made on November 5, 2024. The filing states that those RSUs vest in three equal annual installments on the anniversary of the grant date. Following the acquisition of 519 shares via the M-coded (vesting) transaction, 268 shares were disposed of under transaction code F at $265.01 per share, representing shares withheld to satisfy tax obligations. After both transactions, Hoffmann held 1,742 shares directly, with 520 RSUs remaining in that tranche.

On November 7, 2026, the filing reports a second vesting event involving 450 restricted stock units from an award originally granted on November 7, 2023, which also vested in three equal annual installments. Following the acquisition of 450 shares at $0, 232 shares were withheld at $248.29 per share under transaction code F. After this event, Hoffmann's direct share count stood at 1,960, and the RSU balance from the November 7, 2023 grant reached zero, reflecting the final installment of that award.

Each restricted stock unit, the filing explains, "represents the conditional right to receive one share of common stock." Hoffmann is identified in the filing as EVP and General Counsel of NXP Semiconductors N.V., and the form was filed pursuant to Section 16(a) of the Securities Exchange Act of 1934. No open-market purchases or sales are reported; all disposals are coded as tax-withholding transactions.

What Was Disclosed

The filing disclosed two RSU vesting events for NXP Semiconductors' EVP and General Counsel on November 5 and November 7, 2026, resulting in the acquisition of a combined 969 shares and the withholding of 500 shares for taxes, leaving Hoffmann with 1,960 directly held shares.