Aclaris (NASDAQ: ACRS) CFO nets shares after RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aclaris Therapeutics Chief Financial Officer Kevin Balthaser reported routine equity compensation activity. On February 3, 2026, 22,025 restricted stock units converted into an equal number of common shares at an exercise price of $0. To cover tax withholding on this vesting, 6,449 common shares were withheld by the company at $3.47 per share.
After these transactions, Balthaser directly owned 185,755 shares of common stock and 66,075 restricted stock units, which continue to vest in four equal annual installments starting from February 3, 2025, contingent on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
22,025 shares exercised/converted
Mixed
3 txns
Insider
Balthaser Kevin
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 22,025 | $0.00 | -- |
| Exercise | Common Stock | 22,025 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,449 | $3.47 | $22K |
Holdings After Transaction:
Restricted Stock Units — 66,075 shares (Direct);
Common Stock — 192,204 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 3, 2025, subject to the Continuous Service (as defined in the Plan) of the Reporting Person as of each such date.
FAQ
What insider transaction did Aclaris Therapeutics (ACRS) report for its CFO?
Aclaris Therapeutics reported routine equity compensation activity for CFO Kevin Balthaser. On February 3, 2026, 22,025 restricted stock units converted into common shares, and 6,449 shares were withheld by the company to satisfy tax obligations linked to the vesting event.
How many Aclaris (ACRS) RSUs vested for the CFO in this Form 4?
22,025 restricted stock units vested for the Aclaris CFO. Each RSU represents a right to receive one share of common stock, so 22,025 RSUs became 22,025 shares of Aclaris Therapeutics common stock on February 3, 2026, at an exercise price of $0 per share.
How many Aclaris (ACRS) restricted stock units does the CFO still hold?
The CFO holds 66,075 restricted stock units after the transaction. These RSUs are scheduled to vest in four equal installments on the first through fourth anniversaries of February 3, 2025, assuming the executive maintains continuous service with Aclaris Therapeutics.
What is the vesting schedule for the Aclaris (ACRS) CFO’s RSUs?
The CFO’s RSUs vest over four years in equal installments. The shares underlying these restricted stock units vest on the first, second, third, and fourth anniversaries of February 3, 2025, contingent on the executive’s continuous service under the company’s equity plan.