BridgeBio Strengthens Board Ties with Major Equity Package to Director Cook
Rhea-AI Filing Summary
BridgeBio Pharma director Jennifer E. Cook received new equity compensation grants on June 20, 2025, consisting of:
- 6,589 Restricted Stock Units (RSUs) with a $0 exercise price, bringing her total direct RSU ownership to 13,741 shares
- 8,425 Stock Options with an exercise price of $41.73 per share, expiring June 19, 2035
Both grants follow a 3-year vesting schedule with one-third vesting each year starting June 20, 2025, and completing on June 20, 2028. Vesting is contingent on Cook's continued service as a director. This Form 4 filing, signed on June 24, 2025, reflects standard equity compensation for non-employee directors and demonstrates the company's approach to aligning director interests with shareholders through long-term equity incentives.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,589 shares
Net Buy
2 txns
Insider
Cook Jennifer E.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 8,425 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 6,589 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 8,425 shares (Direct);
Common Stock — 13,741 shares (Direct)
Footnotes (3)
- F1. Grant of restricted stock units ("RSUs") under the Issuer's 2021 Amended and Restated BridgeBio Pharma, Inc. Stock Option and Incentive Plan. One-third of the RSUs will vest each year after June 20, 2025, such that all of the units will be vested on June 20, 2028, subject to the Reporting Person's continued service on the Issuer's board of directors.
- F2. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
- F3. One-third of the shares underlying the stock option will vest each year after June 20, 2025, such that all of the underlying shares will be vested on June 20, 2028, subject to the Reporting Person's continued service on the Issuer's board of directors.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What is the exercise price of BBIO stock options granted to Jennifer Cook?
The stock options granted to Jennifer Cook have an exercise price of $41.73 per share and expire on June 19, 2035.
What is the vesting schedule for BBIO's RSUs and stock options granted to Jennifer Cook?
Both the RSUs and stock options vest over three years, with one-third vesting each year after June 20, 2025. Full vesting will occur on June 20, 2028, subject to Cook's continued service on BBIO's board of directors.
What is Jennifer Cook's role at BBIO according to the Form 4?
According to the Form 4 filing, Jennifer Cook serves as a Director on BBIO's board of directors. This is indicated by the 'X' marked in the Director box under the relationship to issuer section.