Acadia Pharmaceuticals (ACAD) grants CEO large options and RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACADIA PHARMACEUTICALS INC reported that Chief Executive Officer Owen Adams Catherine received new equity awards. She was granted stock options for 263,005 shares of common stock at an exercise price of 22.1600, vesting 25% on March 6, 2027, with the remainder vesting in 36 equal monthly installments and expiring on March 5, 2036. She also received 76,509 restricted stock units, each representing one share of common stock, vesting in four equal annual installments beginning March 6, 2027. These awards are compensation grants and do not involve any open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Owen Adams Catherine
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 263,005 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 76,509 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 263,005 shares (Direct);
Restricted Stock Units — 76,509 shares (Direct)
Footnotes (1)
- 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. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. The restricted stock units vest in four equal annual installments beginning March 6, 2027.
FAQ
What did ACAD CEO Owen Adams Catherine report in the latest Form 4?
The Form 4 shows Owen Adams Catherine received compensation grants of stock options and restricted stock units, increasing her equity-based incentives without any open-market buying or selling of ACAD common shares disclosed in this filing.
How many stock options were granted to the ACAD CEO and at what exercise price?
Owen Adams Catherine was granted 263,005 stock options, each allowing her to buy one share of ACAD common stock at an exercise price of 22.1600 per share, subject to a long-term vesting schedule beginning in 2027.
What is the vesting schedule for the new ACAD stock option grant to the CEO?
For the stock options, 25% of the 263,005 shares vest and become exercisable on March 6, 2027. The remaining 75% then vest in 36 equal monthly installments, providing a multi-year retention and performance incentive structure for the CEO.
How many restricted stock units did ACAD grant to its CEO and how do they work?
ACAD granted 76,509 restricted stock units to Owen Adams Catherine. Each restricted stock unit represents a contingent right to receive one share of common stock, giving her future ownership if vesting conditions are satisfied over time.
When do the ACAD CEO’s restricted stock units begin vesting?
The 76,509 restricted stock units vest in four equal annual installments starting March 6, 2027. This means one quarter of the units convert into common shares each year from that date, aligning her compensation with longer-term company performance.
Does the ACAD Form 4 show any stock purchases or sales by the CEO?
The filing reports only grant-type acquisitions of stock options and restricted stock units for the CEO. It does not show any open-market purchases or sales of ACAD common stock, indicating these are compensation-related awards rather than trading activity.