Aclaris Therapeutics (ACRS) CBO logs RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Aclaris Therapeutics, Inc.'s Chief Business Officer reported multiple equity compensation events on February 1, 2026. Several restricted stock unit (RSU) awards were exercised (transaction code M), delivering 11,250, 7,500, and 14,750 shares of common stock in separate transactions.
The filing also reports a transaction coded F, where 10,686 shares were withheld at $3.51 per share to cover tax obligations tied to RSU vesting. The RSU grants vest in four equal annual installments starting on February 1 of 2022, 2023, and 2024, subject to continued service. This amendment corrects a prior filing that mistakenly referenced a February 1, 2025 transaction due to a filing platform error.
Positive
- None.
Negative
- None.
Insider Trade Summary
33,500 shares exercised/converted
Mixed
7 txns
Insider
Loerop James
Role
Chief Business Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 11,250 | $0.00 | -- |
| Exercise | Resticted Stock Units | 7,500 | $0.00 | -- |
| Exercise | Restricted Stock Units | 14,750 | $0.00 | -- |
| Exercise | Common Stock | 11,250 | $0.00 | -- |
| Exercise | Common Stock | 7,500 | $0.00 | -- |
| Exercise | Common Stock | 14,750 | $0.00 | -- |
| Tax Withholding | Common Stock | 10,686 | $3.51 | $38K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Resticted Stock Units — 7,500 shares (Direct);
Common Stock — 165,758 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer. The transaction reported represents the withholding of shares by the issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of restricted stock units described in this Form 4. The shares underlying these restricted stock units vest in four equal installments on the first, second, third and fourth anniversaries of February 1, 2022, subject to the Continuous Service (as defined in the Plan) of the Reporting Person as of each such date. The shares underlying these restricted stock units vest in four equal installments on the first, second, third and fourth anniversaries of February 1, 2023, subject to the Continuous Service (as defined in the Plan) of the Reporting Person as of each such date. The shares underlying these restricted stock units vest in four equal installments on the first, second, third and fourth anniversaries of February 1, 2024, subject to the Continuous Service (as defined in the Plan) of the Reporting Person as of each such date.
FAQ
What insider activity did Aclaris Therapeutics (ACRS) report in this Form 4/A?
The filing reports the Chief Business Officer’s restricted stock units converting into common stock and related tax share withholding on February 1, 2026. Multiple RSU tranches vested and were settled in shares, with some shares withheld to satisfy tax obligations.
Who is the reporting person in this Aclaris Therapeutics (ACRS) Form 4/A?
The reporting person is Aclaris Therapeutics’ Chief Business Officer, identified as an officer of the company. The individual reports beneficial ownership of common stock directly, reflecting changes from RSU vesting and tax share withholding on February 1, 2026.
What vesting schedules apply to the Aclaris (ACRS) RSUs in this Form 4/A?
The RSUs vest in four equal annual installments on the first through fourth anniversaries of February 1, 2022, 2023, and 2024. Vesting is subject to the officer’s continuous service under the company’s plan as of each applicable anniversary date.
Why was the original Aclaris (ACRS) Form 4 amended and restated?
The amendment states the prior Form 4, filed February 3, 2026, erroneously reported a February 1, 2025 transaction. The error arose from the filing platform, so this Form 4/A corrects the transaction date to February 1, 2026 and restates the details.