BridgeBio Director Gets $15K+ Stock Grant Package, Signals Long-term Commitment
BridgeBio Pharma Director Ali J. Satvat reported two significant equity transactions on June 20, 2025: Received 6,589 restricted stock units (RSUs) at $0, bringing total direct ownership to 165,993 shares.
Rhea-AI Filing Summary
BridgeBio Pharma Director Ali J. Satvat reported two significant equity transactions on June 20, 2025:
- Received 6,589 restricted stock units (RSUs) at $0, bringing total direct ownership to 165,993 shares. RSUs vest over three years through June 20, 2028
- Granted stock options to purchase 8,425 shares at an exercise price of $41.73 per share, expiring June 19, 2035
Both grants are subject to continued service on the board and follow a three-year vesting schedule, with one-third vesting each year starting June 20, 2025. The transactions were executed under the company's 2021 Amended and Restated Stock Option and Incentive Plan. Satvat serves as a Director but is not a 10% owner of BridgeBio Pharma.
Positive
- None.
Negative
- None.
Insider Trade Summary
| 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 |
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.
FAQ
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