ACADIA (NASDAQ: ACAD) director granted RSUs, options and exercises into shares
Rhea-AI Filing Summary
ACADIA PHARMACEUTICALS INC director Jonathan Poole reported equity compensation activity, including option exercises and new awards. He exercised derivative securities for 2,010 shares of common stock and now holds 2,010 common shares directly. He also received 9,311 restricted stock units and 16,004 director stock options.
The 9,311 restricted stock units each represent a right to one share of common stock and will vest in full on the earlier of one year from grant or the next annual stockholder meeting, with settlement deferred based on his election. The 16,004 stock options vest quarterly over one year following the grant date and have an exercise price of $21.66 per share.
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Insights
Routine director equity grants and an option-related share acquisition are reported, with no open-market buying or selling.
Director Jonathan Poole acquired equity in ACADIA PHARMACEUTICALS INC entirely through compensation mechanisms. He exercised derivative securities into 2,010 shares of common stock and received new awards of 9,311 RSUs and 16,004 stock options at an exercise price of $21.66 per share.
The filing shows all transactions as grants or exercises, without any open-market purchases or sales, which is typical for board compensation. The RSUs vest on the earlier of one year from grant or the next annual stockholder meeting, while options vest quarterly over a year, concentrating key vesting events through about 2027. Overall, this appears to be standard director compensation rather than a directional trading signal.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,010 | $0.00 | -- |
| Grant/Award | Director Stock Options (Right to Buy) | 16,004 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 9,311 | $0.00 | -- |
| Exercise | Common Stock | 2,010 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. The restricted stock units vested in full on May 29, 2026, the date on which an annual meeting of stockholders was held. The shares subject to each stock option will vest quarterly over one year following the date of grant, with the final tranche vesting on the earlier of one year following the date of grant or the next annual meeting of stockholders. The restricted stock units will vest in full on the earlier of one year following the date of grant or the next annual meeting of stockholders. The reporting person has elected to defer receipt of the shares of common stock underlying the restricted stock units until the earliest of the following: (i) the fifth anniversary of the date of grant of such restricted stock unit award; (ii) the date that is 30 days following the date on which the director ceases to serve as a member of the board of directors of the Issuer or otherwise provide services to the Issuer; and (iii) a change in control of the Issuer as defined in the Issuer's 2024 Equity Incentive Plan, as amended.