Acadia CFO awarded options and RSU grants
ACADIA PHARMACEUTICALS INC reported that EVP and Chief Financial Officer Mark C. Schneyer received new equity awards.
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Rhea-AI Filing Summary
ACADIA PHARMACEUTICALS INC reported that EVP and Chief Financial Officer Mark C. Schneyer received new equity awards. He was granted stock options for 90,691 shares of common stock at an exercise price of $22.16 per share, expiring on March 5, 2036. According to the terms, 25% of these options vest and become exercisable on March 6, 2027, with the remaining options vesting in 36 equal monthly installments thereafter.
Schneyer was also granted 26,382 restricted stock units, each representing a contingent right to receive one share of common stock. These restricted stock units vest in four equal annual installments beginning on March 6, 2027. All transactions are classified as awards or grants rather than open-market purchases or sales.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 90,691 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 26,382 | $0.00 | $0.00 |
Footnotes (3)
- F1. 25% of the shares subject to the Stock Option will vest and become exercisable on March 6, 2027. The remaining shares vest and become exercisable in 36 equal monthly installments thereafter.
- F2. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F3. The restricted stock units vest in four equal annual installments beginning March 6, 2027.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did ACAD (ACAD) grant to CFO Mark C. Schneyer?
What are the key terms of Mark Schneyer’s new stock options at ACAD?
How do the restricted stock units for ACAD’s CFO vest over time?
Were there any open-market stock purchases or sales in this ACAD Form 4?
What does the Form 4 reveal about ACAD’s use of equity compensation for executives?
AI-generated analysis. How Rhea-AI works. Not financial advice.