CFO of Beam Therapeutics (NASDAQ: BEAM) awarded 31,750 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Emany Sravan Kumar reported acquisition or exercise transactions in this Form 4 filing.
Beam Therapeutics reported that its Chief Financial Officer, Sravan Kumar Emany, received a grant of 31,750 shares of common stock in the form of restricted stock units under the company’s 2019 Equity Incentive Plan. These RSUs vest in four substantially equal annual installments, starting on the first anniversary of the grant date, if he continues serving at the company. Following this award, his directly held common stock position is 105,456 shares, reflecting compensation tied to long-term service and company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Emany Sravan Kumar
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 31,750 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 105,456 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 31,750 shares
Post-grant holdings: 105,456 shares
Vesting schedule: 4 installments
+1 more
4 metrics
RSU grant size
31,750 shares
Restricted stock units granted to CFO on the reported date
Post-grant holdings
105,456 shares
Total common stock directly held by CFO after transaction
Vesting schedule
4 installments
RSUs vest in four substantially equal annual installments
Grant price
$0.0000 per share
Reported transaction price per RSU share
Key Terms
restricted stock units ("RSUs"), 2019 Equity Incentive Plan, contingent right to receive, vest in four substantially equal installments
4 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted to the Reporting Person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2019 Equity Incentive Plan financial
"granted to the Reporting Person under the Beam Therapeutics Inc. ("BEAM") 2019 Equity Incentive Plan"
contingent right to receive financial
"Each RSU represents the contingent right to receive one share of BEAM's common stock"
vest in four substantially equal installments financial
"The RSUs vest in four substantially equal installments on each of the first four anniversaries"
FAQ
What insider transaction did Beam Therapeutics (BEAM) report for its CFO?
Beam Therapeutics reported that CFO Sravan Kumar Emany received 31,750 restricted stock units. The award was granted under the 2019 Equity Incentive Plan and represents additional equity-based compensation rather than a market purchase of shares.
What are the terms of the 31,750 RSU grant to Beam Therapeutics’ CFO?
The 31,750 restricted stock units vest in four substantially equal installments on each of the first four anniversaries of the grant date. Vesting requires the CFO’s continued service with Beam Therapeutics through each applicable vesting date.
What does each Beam Therapeutics RSU granted to the CFO represent?
Each restricted stock unit granted to the CFO represents a contingent right to receive one share of Beam Therapeutics common stock. Delivery of shares occurs as the RSUs vest over time under the company’s 2019 Equity Incentive Plan.