Acumen Pharmaceuticals (ABOS) grants RSUs and stock options to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Acumen Pharmaceuticals director Derrell Porter received new equity awards. He was granted 35,500 restricted stock units, each representing one share of common stock, which will vest in full on the earlier of the first anniversary of the grant date or the 2027 annual stockholder meeting, subject to his continuous service.
Porter was also granted stock options for 53,250 shares of common stock at an exercise price of $2.29 per share, expiring on June 3, 2036, with the same vesting schedule. Following these grants, he directly holds 48,300 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Porter Derrell
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 53,250 | $0.00 | -- |
| Grant/Award | Common Stock | 35,500 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 53,250 shares (Direct, null);
Common Stock — 48,300 shares (Direct, null)
Footnotes (1)
- Represents a restricted stock unit ("RSU") award. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs will vest in full on the earlier of the first anniversary of the date of grant or the 2027 annual stockholder meeting, subject to the Reporting Person's continuous service through such vesting date. The shares subject to the option will vest in full on the earlier of the first anniversary of the date of grant or the 2027 annual stockholder meeting, subject to the Reporting Person's continuous service through such vesting date.
Key Figures
RSU award: 35,500 units
Stock options granted: 53,250 options
Option exercise price: $2.29/share
+2 more
5 metrics
RSU award
35,500 units
Restricted stock units granted to director Derrell Porter
Stock options granted
53,250 options
Options on common stock granted as compensation
Option exercise price
$2.29/share
Strike price for 53,250 stock options
Option expiration
June 3, 2036
Expiration date of granted stock options
Shares held after grant
48,300 shares
Common stock directly held by Derrell Porter after transactions
Key Terms
restricted stock unit ("RSU"), Stock Option (right to buy), annual stockholder meeting, continuous service
4 terms
restricted stock unit ("RSU") financial
"Represents a restricted stock unit ("RSU") award. Each RSU represents a contingent right..."
Stock Option (right to buy) financial
"Stock Option (right to buy) with an exercise price of 2.2900 per share..."
annual stockholder meeting financial
"will vest in full on the earlier of the first anniversary of the date of grant or the 2027 annual stockholder meeting..."
An annual stockholder meeting is a yearly gathering where a company's owners (shareholders) receive updates on performance, vote on key issues like board members, executive pay and major corporate plans, and ask questions of management. Think of it as a company town hall where choices about oversight and direction are decided; outcomes can affect management accountability, corporate strategy and ultimately the value and risks of investors’ shares.
continuous service financial
"subject to the Reporting Person's continuous service through such vesting date."
FAQ
What equity awards did Derrell Porter receive from Acumen Pharmaceuticals (ABOS)?
Derrell Porter received 35,500 restricted stock units and stock options for 53,250 shares of Acumen Pharmaceuticals common stock. Both awards were granted as compensation and vest on the same schedule tied to his continued board service and the 2027 annual stockholder meeting.
How do the new RSUs for Acumen Pharmaceuticals (ABOS) director Derrell Porter vest?
The 35,500 RSUs vest in full on the earlier of the first anniversary of the grant date or the 2027 annual stockholder meeting. Vesting is conditioned on Porter’s continuous service through that date, meaning he must remain in his role until the vesting trigger.
What are the key terms of Derrell Porter’s stock options at Acumen Pharmaceuticals (ABOS)?
Porter received stock options for 53,250 shares of common stock at an exercise price of $2.29 per share. These options vest in full on the earlier of the first anniversary of grant or the 2027 annual stockholder meeting and expire on June 3, 2036.
Are Derrell Porter’s recent Acumen Pharmaceuticals (ABOS) transactions open-market purchases or sales?
The transactions are grants, not open-market trades. Porter acquired 35,500 RSUs and 53,250 stock options as compensation awards, both reported with transaction code A, indicating grants or awards rather than discretionary buying or selling in the market.
When do Derrell Porter’s Acumen Pharmaceuticals (ABOS) stock options expire?
The stock options granted to Derrell Porter expire on June 3, 2036. They cover 53,250 shares at an exercise price of $2.29 per share and must vest first under the time-based schedule linked to the 2027 annual stockholder meeting or the grant anniversary.