Atea Pharmaceuticals (AVIR) EVP awarded 108,000 options and RSU shares vest
Rhea-AI Filing Summary
Atea Pharmaceuticals EVP and Chief Accounting Officer Wayne Foster reported equity compensation and related share activity. On January 31, 2026, 33,333 and 8,000 restricted stock units (RSUs) converted into an equal number of Atea common shares as vesting and performance conditions were met.
Following these conversions (coded M), Foster held 91,461 common shares before tax withholding. A separate transaction (code F) shows 12,132 shares withheld at $4.24 per share to cover taxes, leaving 79,329 common shares held directly.
Foster also received a new stock option grant for 108,000 shares at a $4.24 exercise price. The option vests in forty‑eight equal monthly installments after January 31, 2026, becoming fully vested on January 31, 2030, with 108,000 options beneficially owned directly after the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 33,333 | $0.00 | -- |
| Exercise | Restricted Stock Units | 8,000 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 108,000 | $0.00 | -- |
| Exercise | Common Stock | 41,333 | $0.00 | -- |
| Tax Withholding | Common Stock | 12,132 | $4.24 | $51K |
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. The original grant of 100,000 RSUs vested in three (3) equal annual installments on the first three anniversaries of January 31, 2023 such that the RSUs were fully vested as of January 31, 2026. Reflects RSUs following the satisfaction of performance criteria of previously granted performance restricted stock units that vested on January 31, 2026. The option vests and becomes exercisable in forty-eight (48) equal monthly installments following January 31, 2026 such that the option is fully vested on January 31, 2030.
FAQ
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