KKR Executive Receives Major Equity Package as BridgeBio Board Member
Filing Impact
Filing Sentiment
Form Type
4
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
2 transactions reported
Mixed
2 txns
Insider
Satvat Ali J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 8,425 | $0.00 | -- |
| Grant/Award | Common Stock | 6,589 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 8,425 shares (Direct);
Common Stock — 165,993 shares (Direct)
Footnotes (1)
- 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. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. 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
What insider trading activity occurred at BBIO on June 20, 2025?
Director Ali J. Satvat received two equity grants: 6,589 restricted stock units (RSUs) and 8,425 stock options with an exercise price of $41.73. The RSUs and stock options will vest over three years, with one-third vesting each year from June 20, 2025 to June 20, 2028.
What is the vesting schedule for BBIO's June 2025 director stock grants?
Both the RSUs and stock options granted to Director Satvat will vest in three equal annual installments, with one-third vesting each year starting June 20, 2025. Full vesting will occur on June 20, 2028, subject to continued service on BBIO's board of directors.
What is the exercise price of BBIO stock options granted in June 2025?
The stock options were granted with an exercise price of $41.73 per share and have an expiration date of June 19, 2035.