Aclaris Therapeutics (ACRS) President & COO receives 18,675 shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aclaris Therapeutics President and COO Hugh M. Davis reported an equity compensation transaction involving restricted stock units (RSUs). On February 3, 2026, 18,675 RSUs converted into 18,675 shares of Aclaris Therapeutics common stock at an exercise price of $0 per share.
After this transaction, Davis directly owned 45,425 shares of common stock and 56,025 RSUs. Each RSU represents the right to receive one share of common stock. The RSUs underlying this transaction vest in four equal annual installments on the first through fourth anniversaries of February 3, 2025, subject to his continuous service.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,675 shares exercised/converted
Mixed
2 txns
Insider
Davis Hugh M.
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 18,675 | $0.00 | -- |
| Exercise | Common Stock | 18,675 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 56,025 shares (Direct);
Common Stock — 45,425 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 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 Hugh M. Davis?
Aclaris Therapeutics reported that President and COO Hugh M. Davis had 18,675 restricted stock units convert into 18,675 shares of common stock. This equity compensation event occurred on February 3, 2026 and was reported on a Form 4 insider filing.
What does the 18,675 restricted stock unit transaction for Aclaris Therapeutics (ACRS) mean?
The transaction reflects the conversion of 18,675 restricted stock units into 18,675 common shares at an exercise price of $0 per share. It is a routine equity compensation event for the company’s President and COO, recorded with transaction code “M” on the Form 4.
How do Hugh M. Davis’s Aclaris Therapeutics (ACRS) RSUs vest over time?
The RSUs vest in four equal installments on the first, second, third and fourth anniversaries of February 3, 2025. Vesting is conditioned on Hugh M. Davis maintaining continuous service with Aclaris Therapeutics on each applicable vesting date, according to the plan terms.
What is the relationship of Hugh M. Davis to Aclaris Therapeutics (ACRS)?
Hugh M. Davis serves as both a director and the President and COO of Aclaris Therapeutics. His dual role is disclosed in the Form 4, which reports his beneficial ownership and equity compensation activity in the company’s common stock and restricted stock units.
Was there a purchase price for the Aclaris Therapeutics (ACRS) RSU conversion?
The Form 4 shows an exercise price of $0 per share for the 18,675 restricted stock units converting into common stock. This indicates the shares were issued without cash payment, consistent with typical restricted stock unit settlement structures under equity compensation plans.