Axsome (AXSM) director receives 1,721 restricted stock units as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Axsome Therapeutics director Roger Jeffs reported a stock-based compensation grant. He received 1,721 restricted stock units, each representing a contingent right to receive one share of Axsome common stock, at a price of $0.00 per unit.
The RSUs vest in full on the one-year anniversary of the grant date. Following this grant, Jeffs directly holds 1,721 RSUs, which will convert into the same number of common shares if and when they vest and settle.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JEFFS ROGER
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,721 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,721 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in full on the one-year anniversary of the date of grant.
Key Figures
RSUs granted: 1,721 units
Underlying common shares: 1,721 shares
Grant price per RSU: $0.00 per unit
+1 more
4 metrics
RSUs granted
1,721 units
Grant to director Roger Jeffs
Underlying common shares
1,721 shares
One share per RSU
Grant price per RSU
$0.00 per unit
Stock-based compensation, not a purchase
Post-transaction RSU holdings
1,721 units
Directly held after grant
Key Terms
Restricted Stock Units, RSU, Form 4
3 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" and related grant details"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSU financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
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.
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 did Axsome Therapeutics (AXSM) director Roger Jeffs report on this Form 4?
Roger Jeffs reported receiving 1,721 restricted stock units as stock-based compensation. These RSUs are a contingent right to receive an equal number of Axsome common shares, rather than an open-market purchase or sale of stock.
How many restricted stock units were granted to Axsome (AXSM) director Roger Jeffs?
Roger Jeffs was granted 1,721 restricted stock units. Each RSU represents a contingent right to receive one share of Axsome Therapeutics common stock, providing equity-based compensation that can convert into shares if the vesting conditions are satisfied.
When do Roger Jeffs’ Axsome (AXSM) restricted stock units vest?
The restricted stock units granted to Roger Jeffs vest in full on the one-year anniversary of the grant date. Once vested, each unit can deliver one share of Axsome’s common stock, subject to the company’s settlement procedures.
Are Roger Jeffs’ Axsome (AXSM) RSUs an open-market stock purchase?
No, the transaction reflects a grant of 1,721 restricted stock units as compensation, not an open-market stock purchase. The RSUs carry a grant price of $0.00 per unit and represent future rights to receive common shares upon vesting.
How many Axsome (AXSM) equity units does Roger Jeffs hold after this Form 4?
After this transaction, Roger Jeffs directly holds 1,721 restricted stock units. Each RSU equals a contingent right to one share of Axsome common stock, meaning his reported derivative holdings align with this granted amount, subject to future vesting.