Hugh Davis of Aclaris (ACRS) awarded RSUs and stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aclaris Therapeutics reported new equity awards to President and COO Hugh M. Davis, who also serves as a director. On February 2, 2026, he received 96,100 restricted stock units, each representing one share of common stock, and 336,300 employee stock options with a $3.61 exercise price.
The restricted stock units vest in four equal annual installments on the first through fourth anniversaries of February 2, 2026, contingent on his continuous service. The stock options become exercisable as 25% of the shares vest in four equal annual installments on the same anniversary dates, also subject to continuous service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Davis Hugh M.
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 96,100 | $0.00 | -- |
| Grant/Award | Employee Stock Option (Right to Buy) | 336,300 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 96,100 shares (Direct);
Employee Stock Option (Right to Buy) — 336,300 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 does the latest Form 4 for ACRS report for Hugh M. Davis?
The Form 4 reports that Hugh M. Davis, President, COO and director of Aclaris Therapeutics, received equity awards on February 2, 2026, including new restricted stock units and employee stock options as part of his compensation package.
How many restricted stock units did Hugh M. Davis receive from Aclaris (ACRS)?
Hugh M. Davis received 96,100 restricted stock units. Each unit represents a contingent right to receive one share of Aclaris common stock, vesting over four years in equal annual installments starting on the first anniversary of February 2, 2026.
What stock options were granted to Hugh M. Davis by Aclaris Therapeutics?
Aclaris Therapeutics granted Hugh M. Davis 336,300 employee stock options with a $3.61 exercise price. These options relate to common stock and vest in four equal annual installments, beginning on the first anniversary of February 2, 2026, subject to continuous service.
What is the vesting schedule for Hugh M. Davis’s Aclaris restricted stock units?
The 96,100 restricted stock units vest in four equal installments on the first, second, third and fourth anniversaries of February 2, 2026. Vesting requires Hugh M. Davis to remain in continuous service with Aclaris under the applicable equity plan.
How do the Aclaris stock options for Hugh M. Davis become exercisable?
The employee stock options become exercisable as 25% of the underlying shares vest in four equal annual installments. These installments occur on the first through fourth anniversaries of February 2, 2026, assuming Hugh M. Davis maintains continuous service with the company.
What is Hugh M. Davis’s role at Aclaris Therapeutics (ACRS)?
Hugh M. Davis serves as both President and Chief Operating Officer of Aclaris Therapeutics and is also a director. His status as an officer and director triggers ongoing reporting obligations for equity awards and other transactions in Aclaris securities.