Aclaris (ACRS) CMO vesting 36,375 RSUs with 9,330 shares tax withheld
Rhea-AI Filing Summary
Aclaris Therapeutics, Inc. Chief Medical Officer Jesse Wayne Hall reported routine equity compensation activity involving restricted stock units (RSUs). On May 1, 2026, RSUs covering 36,375 shares were converted into common stock at a stated price of $0.00 per share, reflecting a vesting event rather than a market purchase.
On the same date, 9,330 common shares were withheld by Aclaris to cover Hall’s tax withholding obligations tied to the RSU vesting, a non‑market disposition classified as a tax-withholding transaction. After these events, Hall directly held 27,045 shares of common stock and 109,125 RSUs.
Each RSU represents a contingent right to receive one share of Aclaris common stock. The underlying RSUs vest in four equal installments on the first, second, third, and fourth anniversaries of May 1, 2025, subject to Hall’s continued service under the company’s 2024 Inducement Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 36,375 | $0.00 | -- |
| Exercise | Common Stock | 36,375 | $0.00 | -- |
| Tax Withholding | Common Stock | 9,330 | $4.41 | $41K |
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 May 1, 2025, subject to the Continuous Service (as defined in the Issuer's 2024 Inducement Plan) of the Reporting Person as of each such date.