Caris Life Sciences (CAI) executive receives 63,971-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Power Luke Thomas reported acquisition or exercise transactions in this Form 4 filing.
Caris Life Sciences, Inc. executive Luke Thomas Power received an equity grant in the form of restricted stock units. The award covers 63,971 shares of Common Stock, granted at no cash cost to him as compensation. According to the footnote, these restricted stock units will vest in line with the terms of the applicable grant agreement. Following this grant, he directly holds 163,542 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Power Luke Thomas
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 63,971 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 163,542 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Caris Life Sciences (CAI) report for Luke Thomas Power?
Caris Life Sciences reported that executive Luke Thomas Power received a grant of 63,971 restricted stock units of Common Stock. The award is compensation-based, carries no purchase price, and increases his direct holdings to 163,542 shares following the transaction.
Was the Caris Life Sciences (CAI) Form 4 transaction a stock purchase or a grant?
The Form 4 transaction was a grant of restricted stock units, not an open-market stock purchase. The 63,971 units were awarded as compensation, with no cash price per share, and will vest according to the terms of the related grant agreement.
What does the footnote about the Caris Life Sciences (CAI) restricted stock units explain?
The footnote explains that the 63,971 reported shares represent an award of restricted stock units. These units do not vest immediately; instead, they vest in accordance with the schedule and conditions specified in the applicable grant agreement between the company and the executive.
Does the Caris Life Sciences (CAI) Form 4 indicate any stock sales by Luke Thomas Power?
The Form 4 does not report any stock sales by Luke Thomas Power. It only shows an acquisition via a grant of 63,971 restricted stock units, increasing his direct Common Stock holdings to 163,542 shares after this compensation-related award.