Biofrontera CEO converts 62,500 RSUs to stock
Biofrontera Inc. CEO and Chairman Hermann Luebbert converted 62,500 restricted stock units (RSUs) into 62,500 shares of common stock on July 28, 2026.
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Form Type
4
Rhea-AI Filing Summary
Biofrontera Inc. CEO and Chairman Hermann Luebbert converted 62,500 restricted stock units (RSUs) into 62,500 shares of common stock on July 28, 2026. These RSUs are part of a 125,000-unit award granted on July 22, 2025, vesting in two equal yearly installments beginning July 22, 2026. After the conversion, he directly held 352,711 shares of common stock and 62,500 RSUs from this grant, with RSUs having different terms expressly excluded.
Insider Trade Summary
62,500 shares exercised/converted
Exercise
2 txns
Insider
Luebbert Hermann
Role
CEO & Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2, F3 | 62,500 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 62,500 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 62,500 contracts (Direct);
Common Stock — 352,711 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 125,000 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: 62,500 units
Shares Acquired: 62,500 shares
Post-transaction Common Shares: 352,711 shares
+3 more
6 metrics
RSUs Converted
62,500 units
Restricted stock units converted into common stock on July 28, 2026
Shares Acquired
62,500 shares
Common stock received upon RSU conversion on July 28, 2026
Post-transaction Common Shares
352,711 shares
Direct common stock holdings of the CEO after the RSU conversion
Original RSU Grant
125,000 units
RSUs granted on July 22, 2025, vesting over two years
Remaining RSUs from Grant
62,500 units
Unconverted RSUs from the July 22, 2025 125,000-unit award
Settlement Window
60 days
Period after vesting within which each RSU is settled in shares, cash or both
Key Terms
Restricted stock units, contingent right, vesting, settled
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"
vesting financial
"125,000 restricted stock units, vesting in two equal yearly installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
settled financial
"Each vested restricted stock unit will be settled, at the Company's discretion"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Biofrontera (BFRI) report for its CEO?
Hermann Luebbert converted 62,500 restricted stock units into 62,500 shares of common stock on July 28, 2026, increasing his directly held common shares as part of an existing equity award.
What are the terms of the 125,000 RSU grant reported by Biofrontera (BFRI)?
The CEO received 125,000 RSUs on July 22, 2025, vesting in two equal yearly installments starting July 22, 2026. Each vested RSU is settled in shares, cash, or a combination within 60 days at the company’s discretion.
How many Biofrontera (BFRI) RSUs from this grant remain after the transaction?
After converting 62,500 RSUs into common stock, 62,500 RSUs from this specific 125,000-unit grant remain reported. The notes specify that RSUs with different terms are not included in this figure.
Were the Biofrontera (BFRI) CEO’s transactions under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked, meaning these transactions are not affirmed as made under a Rule 10b5-1 trading plan in this report.
What type of securities were converted in Biofrontera (BFRI)’s Form 4?
The CEO converted Restricted Stock Units into common stock. Each RSU represents a contingent right to receive one share of Biofrontera common stock, and the company elected one-for-one share settlement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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