Director awards at Achieve Life Sciences (NASDAQ: ACHV) include options, RSUs
Rhea-AI Filing Summary
Waldman Reid Alexander reported acquisition or exercise transactions in this Form 4 filing.
Achieve Life Sciences, Inc. director Reid Alexander Waldman received equity compensation on July 27, 2026, consisting of 25,000 stock options to buy common stock at $6.18 per share, expiring July 27, 2036, and 16,700 RSUs. Both awards vest 100% on the earlier of July 27, 2027 or immediately prior to the 2027 annual meeting, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Waldman Reid Alexander
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) F1 | 25,000 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit (RSU) F2, F3 | 16,700 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 25,000 shares (Direct);
Restricted Stock Unit (RSU) — 16,700 shares (Direct)
Footnotes (3)
- F1. The options vest 100% on the earlier of July 27, 2027 or the date immediately prior to the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person's provision of service to the Issuer on the vesting date.
- F2. Each RSU represents a contingent right to receive one share of the Issuer's common stock at settlement.
- F3. Pursuant to the terms of the RSU, the shares underlying the RSU vest 100% on the earlier of July 27, 2027 or the date immediately prior to the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person's provision of service to the Issuer on the vesting date.
Key Figures
Stock options granted: 25,000 shares
Option exercise price: $6.18 per share
RSUs granted: 16,700 units
+2 more
5 metrics
Stock options granted
25,000 shares
Director equity award dated 2026-07-27
Option exercise price
$6.18 per share
Stock Option (right to buy) grant
RSUs granted
16,700 units
Restricted Stock Unit grant dated 2026-07-27
Option expiration
July 27, 2036
Expiration date of granted stock options
Vesting date trigger
July 27, 2027
Awards vest on this date or immediately prior to 2027 annual meeting
Key Terms
Restricted Stock Unit (RSU), Stock Option (right to buy), vest 100%, contingent right to receive
4 terms
Restricted Stock Unit (RSU) financial
"Restricted Stock Unit (RSU) represents a contingent right to receive one share"
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
Stock Option (right to buy) financial
"Stock Option (right to buy) exercisable at $6.18 per share"
vest 100% financial
"the options vest 100% on the earlier of July 27, 2027"
contingent right to receive financial
"Each RSU represents a contingent right to receive one share"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did ACHV director Reid Alexander Waldman receive on July 27, 2026?
Reid Alexander Waldman received 25,000 stock options to buy Achieve Life Sciences common stock at $6.18 per share and 16,700 restricted stock units (RSUs) on July 27, 2026, as part of his director equity compensation.
What are the vesting terms of the new ACHV stock options and RSUs?
Both the 25,000 stock options and 16,700 RSUs vest 100% on the earlier of July 27, 2027 or the date immediately prior to Achieve Life Sciences’ 2027 annual stockholders’ meeting, contingent on Waldman continuing to provide service through the vesting date.
What is the exercise price and expiration date of Waldman’s ACHV stock options?
The granted stock options allow Waldman to buy Achieve Life Sciences common stock at an exercise price of $6.18 per share and are scheduled to expire on July 27, 2036, if not exercised or forfeited earlier under plan terms.
Were Waldman’s ACHV equity awards granted under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not checked, so these equity awards are not reported as being made pursuant to a Rule 10b5-1 trading plan; they are standard director compensation grants.