Director John Orwin of ANAPTYSBIO (NASDAQ: ANAB) settles 6,030 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ANAPTYSBIO director John A. Orwin exercised restricted stock units into common shares. On June 15, 2026, he converted 6,030 restricted stock units into 6,030 shares of common stock at no cash cost, increasing his directly held stake to 16,695 shares.
Each RSU represents a right to receive one share of common stock upon settlement. The RSU award was structured to vest 100% on June 15, 2026, contingent on Mr. Orwin’s continued service to the company through that date. The filing reports no share sales, tax withholding, or gifts in connection with this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,030 shares exercised/converted
Mixed
2 txns
Insider
Orwin John A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 6,030 | $0.00 | -- |
| Exercise | Common Stock | 6,030 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Common Stock — 16,695 shares (Direct, null)
Footnotes (1)
- Each restricted stock award ("RSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration. The RSUs vests as to 100% of the total RSUs on June 15, 2026, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
Key Figures
RSUs exercised: 6,030 units
Common shares acquired: 6,030 shares
Shares held after transaction: 16,695 shares
+3 more
6 metrics
RSUs exercised
6,030 units
Restricted stock units converted to common stock on June 15, 2026
Common shares acquired
6,030 shares
Shares received upon RSU settlement at no cash cost
Shares held after transaction
16,695 shares
Direct common stock ownership following RSU conversion
Exercise price per RSU
$0.00 per share
RSUs settle for no consideration into common stock
Transaction code
M
Exercise or conversion of derivative security on Form 4
Exercise transactions
1 transaction, 6,030 shares
Aggregate derivative exercise activity in this Form 4
Key Terms
Restricted Stock Unit, contingent right, vests, derivative security, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock award ("RSU") represents a contingent right to receive 1 share"
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.
contingent right financial
"represents a contingent right to receive 1 share of the Issuer's Common Stock"
vests financial
"The RSUs vests as to 100% of the total RSUs on June 15, 2026"
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did ANAPTYSBIO (ANAB) report for John A. Orwin?
ANAPTYSBIO reported that director John A. Orwin exercised 6,030 restricted stock units into 6,030 common shares. This non-cash transaction reflects settlement of vested equity compensation rather than an open-market purchase or sale, and no shares were sold or gifted in this filing.
What are ANAPTYSBIO (ANAB) restricted stock units as described in this filing?
Each ANAPTYSBIO restricted stock unit represents a contingent right to receive one share of common stock upon settlement for no consideration. The award in this filing vested 100% on June 15, 2026, conditioned on the reporting person’s continued service through that vesting date.
When did John A. Orwin’s ANAPTYSBIO (ANAB) RSUs vest and settle?
The restricted stock units vested and settled on June 15, 2026. On that date, 6,030 RSUs converted into 6,030 shares of ANAPTYSBIO common stock, assuming the director satisfied the service requirement through the full vesting date specified in the award terms.