Director Susannah Gray receives 11,250 RSUs at AnaptysBio (ANAB)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GRAY SUSANNAH reported acquisition or exercise transactions in this Form 4 filing.
AnaptysBio director Susannah Gray received a grant of 11,250 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of AnaptysBio common stock for no cash consideration upon settlement.
One third of the RSUs vest on April 27, 2027, with the remaining units vesting in equal annual installments, as long as Gray continues providing services to the company on each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GRAY SUSANNAH
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 11,250 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 11,250 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration. 1/3 of the RSUs shall vest on April 27, 2027 and 1/3 of the RSUs shall vest in equal annual installments until fully vested, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
Key Figures
RSUs granted: 11,250 units
RSU-to-share ratio: 1 share per RSU
Initial vesting portion: 1/3 of RSUs
+1 more
4 metrics
RSUs granted
11,250 units
Restricted stock units granted to director Susannah Gray
RSU-to-share ratio
1 share per RSU
Each RSU converts into one share of common stock
Initial vesting portion
1/3 of RSUs
Vests on April 27, 2027, subject to continued service
Holdings after grant
11,250 RSUs
Total restricted stock units held following this transaction
Key Terms
Restricted Stock Unit, RSU, contingent right, vest
4 terms
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit""
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
RSU financial
"Each restricted stock unit ("RSU") represents a contingent right"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
contingent right financial
"represents a contingent right to receive 1 share"
vest financial
"1/3 of the RSUs shall vest on April 27, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did AnaptysBio (ANAB) report for director Susannah Gray?
AnaptysBio reported that director Susannah Gray received a grant of 11,250 restricted stock units. These RSUs are part of her equity compensation and give her the right to receive common shares in the future if vesting conditions tied to continued service are met.
How many restricted stock units did Susannah Gray receive at AnaptysBio (ANAB)?
Susannah Gray was granted 11,250 restricted stock units. Each RSU corresponds to one share of AnaptysBio common stock upon settlement. This grant increases her equity-based compensation and aligns her interests with shareholders through future share ownership, subject to vesting requirements.
What is the vesting schedule for Susannah Gray’s 11,250 RSUs at AnaptysBio (ANAB)?
One third of Susannah Gray’s RSUs will vest on April 27, 2027. The remaining RSUs vest in equal annual installments thereafter. Vesting is conditioned on her continued service to AnaptysBio on each vesting date, linking long-term incentives to ongoing board participation.
Does Susannah Gray pay anything to receive the RSUs from AnaptysBio (ANAB)?
No, Susannah Gray does not pay cash to receive these RSUs. Each restricted stock unit represents a contingent right to receive one share of common stock for no consideration upon settlement, provided the vesting and continued service conditions are satisfied over time.