BioAtla Board Member's $1.2M Stock Award Signals Confidence in Biotech Firm
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BioAtla Director Sylvia McBrinn received a grant of 23,500 restricted stock units (RSUs) on June 18, 2025. Following this transaction, McBrinn's total direct beneficial ownership increased to 59,125 shares of common stock.
Key details of the RSU grant:
- The RSUs were granted at $0 exercise price
- Vesting occurs 100% on the earlier of June 18, 2026, or the next annual stockholder meeting
- Vesting is contingent on continued service through the vesting date
This Form 4 filing indicates standard equity-based compensation for a board member, which aligns the director's interests with shareholders. The transaction was executed pursuant to the company's director compensation program and represents a significant addition to McBrinn's equity stake in BioAtla.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MCBRINN SYLVIA
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,500 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 59,125 shares (Direct)
Footnotes (1)
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FAQ
What is the vesting schedule for BCAB Director Sylvia McBrinn's RSU grant?
The RSUs will vest 100% of the total shares (23,500) on the earlier of: (i) June 18, 2026, or (ii) the next BioAtla annual meeting of stockholders, subject to McBrinn's continued service through the vesting date.
What was the purchase price of BCAB RSUs granted to Sylvia McBrinn?
The RSUs were granted to Sylvia McBrinn at a price of $0, as shown in the 'Price' column of Table I in the Form 4 filing.
What position does Sylvia McBrinn hold at BCAB?
According to the Form 4 filing, Sylvia McBrinn serves as a Director of BioAtla, Inc. (BCAB), as indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.