Aclaris CFO reports RSU vesting and tax share withholding
Aclaris Therapeutics Chief Financial Officer Kevin Balthaser reported routine equity compensation activity involving restricted stock units and common stock.
Rhea-AI Filing Summary
Aclaris Therapeutics Chief Financial Officer Kevin Balthaser reported routine equity compensation activity involving restricted stock units and common stock. On February 1, 2026, 14,750 restricted stock units were converted into an equal number of shares of Aclaris common stock, reflecting previously granted equity awards.
To cover related tax withholding on this vesting, the issuer withheld 4,984 shares of common stock at $3.51 per share. Following these transactions, Balthaser directly held 170,179 shares of common stock and 29,500 restricted stock units. The remaining restricted stock units vest in four equal annual installments beginning on the first anniversary of February 1, 2024, contingent on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 14,750 | $0.00 | $0.00 |
| Exercise | Common Stock | 14,750 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,984 | $3.51 | $17K |
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 1, 2024, subject to the Continuous Service of the Reporting Person (as defined in the Plan) as of each such date.
FAQ
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What insider transaction did Aclaris Therapeutics (ACRS) report for CFO Kevin Balthaser?
What do the restricted stock units (RSUs) in the Aclaris Therapeutics (ACRS) Form 4 represent?
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