Atea Pharmaceuticals (NASDAQ: AVIR) director exercises 29,600 RSUs and receives fresh RSU and option awards
Rhea-AI Filing Summary
Atea Pharmaceuticals director Franklin M. Berger increased his equity exposure through compensation-related awards and an RSU vesting event. On June 18, 2026, 29,600 restricted stock units converted into an equal number of common shares, bringing his direct common stock holdings to 536,097 shares.
He also received a stock option for 37,700 shares at an exercise price of $4.36 per share, vesting in twelve equal monthly installments after June 18, 2026, and expiring on June 17, 2036. In addition, he was granted 26,700 new restricted stock units that vest in a single installment on the earlier of the next annual stockholder meeting after June 18, 2026 or June 18, 2027, subject to his continued service.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 29,600 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 26,700 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) | 37,700 | $0.00 | $0.00 |
| Exercise | Common Stock | 29,600 | $0.00 | $0.00 |
Footnotes (4)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
- F2. The RSUs vested in full on June 18, 2026.
- F3. The RSUs vest in a single installment on the earlier of (i) the date of the next annual meeting of the Issuer's stockholders occurring after June 18, 2026 or (ii) June 18, 2027, in each case, subject to the Reporting Person's continued service through the applicable vesting date.
- F4. The option vests and becomes exercisable in twelve (12) substantially equal monthly installments following June 18, 2026, such that the option shall be fully vested on June 18, 2027, subject to the Reporting Person's continued service through each such vesting date.
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