Aclaris Therapeutics (ACRS) director receives RSU and option grants, boosts holdings
Rhea-AI Filing Summary
Aclaris Therapeutics director Anand Mehra reported routine equity compensation activity. On June 4, 2026, he received 10,987 restricted stock units and a stock option for 42,350 shares of common stock at an exercise price of $4.71 per share, both granted at no cash cost.
The option vests in twelve equal monthly installments starting on July 4, 2026, while the 10,987 restricted stock units are scheduled to vest on June 4, 2027, subject to his continuous service. On June 5, 2026, 11,580 previously granted restricted stock units vested and were exercised into 11,580 shares of common stock, bringing his direct common stock holdings to 726,403 shares.
Positive
- None.
Negative
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Insights
Director received routine RSU and option grants and saw prior RSUs vest into common shares, with no open-market trades.
The transactions show Anand Mehra, a director of Aclaris Therapeutics, receiving standard non-cash equity awards: 10,987 restricted stock units (RSUs) and stock options for 42,350 shares at an exercise price of $4.71, plus vesting of 11,580 older RSUs into common stock.
These awards are tied to service-based vesting, with the option vesting monthly over a year starting July 4, 2026 and the new RSUs vesting on June 4, 2027. After the June 5 conversion, Mehra directly holds 726,403 common shares, and no shares were bought or sold in the open market.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 11,580 | $0.00 | -- |
| Exercise | Common Stock | 11,580 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 42,350 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 10,987 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer. The shares subject to this stock option will vest in twelve equal monthly installments commencing on July 4, 2026, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2025 Equity Incentive Plan, or the Plan) through each such vesting date. This grant was made pursuant to the issuer's tenth amended and restated non-employee director compensation policy. The shares underlying these restricted stock units will vest in one installment on June 4, 2027, subject to the Reporting Person's Continuous Service (as defined in the Plan) as of such date. The shares underlying these restricted stock units vested on June 5, 2026.