ACADIA (NASDAQ: ACAD) CFO reports RSU vesting and tax-related share sales
Rhea-AI Filing Summary
ACADIA PHARMACEUTICALS EVP and CFO Mark C. Schneyer reported a combination of equity vesting and related share sales. On March 24 and 25, 2026, he exercised restricted stock units into a total of 14,316 shares of common stock at a conversion price of $0.00 per share, increasing his direct holdings.
On March 25 and 26, 2026, he sold an aggregate 7,385 shares of common stock in open-market transactions at prices around $21.47–$21.72 per share. A footnote states these mandatory sales were made to cover withholding taxes and related items in connection with the RSU vesting and are intended to comply with Rule 10b5-1. Following these transactions, he directly holds 60,269 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,171 | $21.65 | $69K |
| Sale | Common Stock | 37 | $21.7174 | $803.54 |
| Exercise | Restricted Stock Units | 6,178 | $0.00 | -- |
| Sale | Common Stock | 4,177 | $21.47 | $90K |
| Exercise | Common Stock | 6,178 | $0.00 | -- |
| Exercise | Restricted Stock Units | 8,138 | $0.00 | -- |
| Exercise | Common Stock | 8,138 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. 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 restricted 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). The restricted stock units vest in four equal annual installments beginning March 24, 2026. The restricted stock units vest in four equal annual installments beginning March 25, 2025.
FAQ
What did ACADIA (ACAD) CFO Mark C. Schneyer do in this Form 4?
What restricted stock unit activity did ACADIA (ACAD) disclose for its CFO?
How do the ACADIA (ACAD) CFO’s RSUs vest over time?