BioAtla Director Receives 23,500 Share Grant in Annual Compensation Package
BioAtla Director Sylvia McBrinn received a grant of 23,500 restricted stock units (RSUs) on June 18, 2025.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,500 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents shares of Common Stock underlying a time-based restricted stock unit award ("RSU"). The RSU will vest as to 100% of the total number of shares on the earlier of (i) June 18, 2026, or (ii) the next Company annual meeting of stockholders, subject to the reporting person's continued service through the vesting date.
FAQ
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