ACADIA Pharmaceuticals CFO sells 3,321 shares
Earlier vestings on August 16, 2024 and September 12, 2025, together with the October 15, 2026 vesting, brought the performance stock units to 100% of target.
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Rhea-AI Filing Summary
ACADIA Pharmaceuticals Inc. Executive Vice President and Chief Financial Officer Mark C. Schneyer acquired 6,815 common shares on October 15, 2026, as performance stock units vested, and sold 3,321 shares on October 30, 2026, at $20.88 per share. The mandatory sale covered withholding taxes and tax-related items imposed by the issuer; the footnote says it was intended to comply with Rule 10b5-1(c).
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 3,321 | $20.88 | $69K |
| Grant/Award | Common Stock F1 | 6,815 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents acquisition of the Issuer's common stock upon vesting of the performance stock units granted to the Reporting Person on May 1, 2023 at incremental 25% of target. Together with the vesting on August 16, 2024 and September 12, 2025, the performance stock units have vested at 100% of target.
- F2. The mandatory sales reported in this Form 4 were made to cover withholding taxes and tax related items imposed by the Issuer in connection with the vesting of performance stock units, and it is intended to comply with the requirements of Rule 10b5-1(c)(1)(i)(B) under the Exchange Act and be interpreted to meet the requirements of Rule 10b5-1(c).
Key Figures
Key Terms
performance stock units financial
Rule 10b5-1(c) regulatory
FAQ
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What did the ACAD performance stock unit vesting represent?
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