ADC Therapeutics director granted 45K shares
ADC Therapeutics SA director Viviane Monges reported routine equity compensation and related tax withholding.
Rhea-AI Filing Summary
ADC Therapeutics SA director Viviane Monges reported routine equity compensation and related tax withholding. She was granted 45,000 restricted stock units for her service as a director under the company’s 2019 Equity Incentive Plan, with each unit representing one common share.
In a separate transaction tied to the vesting of previously granted restricted share units, 2,596 common shares were withheld by the company to satisfy her tax withholding obligations at a price of $3.08 per share. After these transactions, she directly owns 186,447 common shares. These events reflect compensation and tax mechanics, not open-market share purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 2,596 | $3.08 | $8K |
| Grant/Award | Common Shares | 45,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents the annual grant of restricted stock units ("RSUs") made under the Issuer's 2019 Equity Incentive Plan for service as a Director. The RSUs vest on the earlier of (i) one year from the grant date or (ii) the date of the 2027 Annual Meeting of Shareholders, subject to the Reporting Person's continued service to the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- F2. Represents the number of Common Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of restricted share units previously granted.
Key Figures
Key Terms
restricted stock units financial
2019 Equity Incentive Plan financial
tax withholding obligations financial
grant, award, or other acquisition financial
Payment of exercise price or tax liability by delivering securities financial
FAQ
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What insider transactions did ADC Therapeutics (ADCT) report for Viviane Monges?
What are Viviane Monges’ ADC Therapeutics (ADCT) holdings after these transactions?
How do the RSUs granted to ADC Therapeutics (ADCT) director Viviane Monges vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.