Biofrontera CFO converts 31,250 RSUs into shares
Biofrontera Inc. Chief Financial Officer Eugene Frederick Leffler converted 31,250 restricted stock units into 31,250 shares of common stock on July 28, 2026 through an exercise of derivative securities.
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Form Type
4
Rhea-AI Filing Summary
Biofrontera Inc. Chief Financial Officer Eugene Frederick Leffler converted 31,250 restricted stock units into 31,250 shares of common stock on July 28, 2026 through an exercise of derivative securities. After this settlement, he directly holds 206,250 shares of Biofrontera common stock.
Insider Trade Summary
31,250 shares exercised/converted
Exercise
2 txns
Insider
Leffler Eugene Frederick
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2, F3 | 31,250 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 31,250 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 31,250 contracts (Direct);
Common Stock — 206,250 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of BFRI common stock, subject to the company's discretion to settle the restricted stock units, in whole or in part, in cash, as discussed below in footnote 2. The Company elected to convert the restricted stock units into common stock on a one-for-one basis.
- F2. On July 22, 2025, the Reporting Person was granted 62,500 restricted stock units, vesting in two equal yearly installments for the first two years following the grant date, beginning on July 22, 2026. Each vested restricted stock unit will be settled, at the Company's discretion, in shares, cash or a combination of shares and cash within 60 days of the vesting date.
- F3. Restricted stock units with different terms are not included.
Key Figures
RSUs converted: 31,250 units
Common shares acquired: 31,250 shares
Shares held after transaction: 206,250 shares
3 metrics
RSUs converted
31,250 units
Restricted Stock Units exercised and converted on July 28, 2026
Common shares acquired
31,250 shares
Common stock received from RSU conversion on July 28, 2026
Shares held after transaction
206,250 shares
Direct Biofrontera common stock ownership following the Form 4 transactions
Key Terms
Restricted Stock Units, contingent right, vested restricted stock unit, derivative security
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive one share of BFRI common stock"
vested restricted stock unit financial
"Each vested restricted stock unit will be settled, at the Company's discretion"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Biofrontera Inc. (BFRI) report for its CFO?
Biofrontera reported that CFO Eugene Frederick Leffler converted 31,250 restricted stock units into 31,250 common shares on July 28, 2026. This derivative exercise increased his directly held Biofrontera common stock position to 206,250 shares following the transaction.
What was the size of the restricted stock unit conversion in Biofrontera (BFRI)'s Form 4?
The Form 4 shows a conversion of 31,250 restricted stock units into 31,250 shares of Biofrontera common stock. The RSUs, treated as derivative securities, were settled on a one-for-one basis into common shares on July 28, 2026 at no stated cash exercise price.
How are Biofrontera (BFRI) restricted stock units described in this filing?
Each restricted stock unit represents a contingent right to receive one share of Biofrontera common stock. The company may settle vested units in shares, cash, or a combination, and in this case elected a one-for-one conversion entirely into common shares for 31,250 units.
What grant of restricted stock units to the Biofrontera (BFRI) CFO is referenced?
A footnote states the reporting person was granted 62,500 restricted stock units on July 22, 2025, vesting in two equal yearly installments starting July 22, 2026. Each vested unit is to be settled in shares, cash, or a combination within 60 days of vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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