Aclaris CFO reports RSU vesting and share taxes
Aclaris Therapeutics Chief Financial Officer Kevin Balthaser reported routine equity compensation activity.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 22,025 | $0.00 | $0.00 |
| Exercise | Common Stock | 22,025 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,449 | $3.47 | $22K |
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
- F2. 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.
- F3. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Aclaris Therapeutics (ACRS) report for its CFO?
How many Aclaris (ACRS) RSUs vested for the CFO in this Form 4?
How many Aclaris (ACRS) restricted stock units does the CFO still hold?
What is the vesting schedule for the Aclaris (ACRS) CFO’s RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.