Aclaris Therapeutics (ACRS) CMO receives 98,100 RSUs and 343,300 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aclaris Therapeutics granted its Chief Medical Officer, Jesse Wayne Hall, new equity awards on February 2, 2026. The awards consist of 98,100 restricted stock units, each representing one share of common stock, and an option to purchase 343,300 shares of common stock at an exercise price of $3.61 per share.
Both the restricted stock units and the stock options vest in four equal annual installments on the first, second, third and fourth anniversaries of February 2, 2026, conditioned on Hall’s continued service with the company. Following these grants, Hall directly holds the full reported amounts of these derivative securities.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hall Jesse Wayne
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 98,100 | $0.00 | -- |
| Grant/Award | Employee Stock Option (Right to Buy) | 343,300 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 98,100 shares (Direct);
Employee Stock Option (Right to Buy) — 343,300 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer. The shares underlying these restricted stock units vest in four equal installments on the first, second, third and fourth anniversaries of February 2, 2026, subject to the Continuous Service (as defined in the Plan) of the Reporting Person as of each such date. Exercisable with respect to 25% of the shares subject to the option vesting in four equal installments on the first, second, third and fourth anniversaries of February 2, 2026, subject to the Continuous Service (as defined in the Plan) of the Reporting Person as of each such date.
FAQ
What equity awards did Aclaris Therapeutics (ACRS) grant to its Chief Medical Officer?
Aclaris Therapeutics granted Chief Medical Officer Jesse Wayne Hall 98,100 restricted stock units and an option for 343,300 shares of common stock. The option has a $3.61 exercise price and both awards are subject to multi-year vesting conditions tied to continued service.
When were the new equity awards for Aclaris Therapeutics (ACRS) CMO Jesse Wayne Hall granted?
The equity awards for Jesse Wayne Hall were granted on February 2, 2026. On that date he received 98,100 restricted stock units and a stock option for 343,300 shares at a $3.61 exercise price, all subject to future vesting requirements over four years.
How do the restricted stock units for Aclaris Therapeutics (ACRS) CMO vest?
The 98,100 restricted stock units vest in four equal installments on the first, second, third, and fourth anniversaries of February 2, 2026. Vesting requires Hall to maintain “Continuous Service” under the company’s plan on each applicable vesting date.
What are the key terms of the Aclaris Therapeutics (ACRS) stock option granted to its CMO?
The stock option covers 343,300 shares of Aclaris common stock at an exercise price of $3.61 per share. It becomes exercisable in four equal annual installments starting on the first anniversary of February 2, 2026, contingent on Hall’s continued service.
How many derivative securities does Aclaris Therapeutics (ACRS) CMO hold after the reported Form 4 transactions?
After the reported grants, Jesse Wayne Hall directly holds 98,100 restricted stock units and a stock option for 343,300 shares. These holdings are derivative securities linked to Aclaris common stock and will deliver or permit purchase of shares as they vest or become exercisable.
What does each restricted stock unit for Aclaris Therapeutics (ACRS) represent in the CMO’s grant?
Each restricted stock unit represents a contingent right to receive one share of Aclaris common stock. Delivery of those shares depends on the RSUs vesting over four annual installments and on Jesse Wayne Hall satisfying the plan’s “Continuous Service” requirement on each vesting date.