BDTX Director Shows Confidence by Converting Cash Pay to Company Shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Black Diamond Therapeutics Director Prakash Raman acquired 5,526 shares of common stock at $2.33 per share on June 20, 2025, bringing their total direct ownership to 22,519 shares.
Key details of the transaction:
- The shares were issued under the company's Fifth Amended and Restated Non-Employee Director Compensation Policy
- The acquisition represents an election to receive stock in lieu of cash compensation for annual services as a non-employee director
- The reported price is based on the closing market price of the company's common stock on June 18, 2025
- The transaction was reported via Form 4 filing, executed by Attorney-in-Fact Brent Hatzis-Schoch
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Raman Prakash
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,526 | $2.33 | $13K |
Holdings After Transaction:
Common Stock — 22,519 shares (Direct)
Footnotes (1)
- These shares were issued in accordance with the Issuer's Fifth Amended and Restated Non-Employee Director Compensation Policy, pursuant to which the Reporting Person elected to receive shares of the Issuer's common stock in lieu of cash compensation for annual services as a non-employee director of the Issuer. The price reported in Column 4 is based upon the closing market price of the Issuer's common stock on June 18, 2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.