Equity awards reshape C4 Therapeutics (CCCC) officer Kelly Schick’s share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
C4 Therapeutics Chief People Officer Kelly Schick reported several equity compensation transactions in Common Stock. Schick received a grant of 200,000 restricted stock units, with 100,000 vesting in three equal annual installments starting on February 13, 2027 and 100,000 vesting in full on February 13, 2029, subject to performance milestones. Additional shares were acquired through the vesting of previously granted RSUs and by exercising derivative securities, while 7,269 and 1,735 shares were withheld to cover tax obligations, which the company notes do not represent market sales. Following these transactions, Schick directly owned 299,881 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Schick Kelly
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 20,950 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,269 | $1.89 | $14K |
| Grant/Award | Common Stock | 200,000 | $0.00 | -- |
| Exercise | Common Stock | 5,000 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,735 | $1.89 | $3K |
Holdings After Transaction:
Common Stock — 307,150 shares (Direct)
Footnotes (1)
- Represents restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's Common Stock upon vesting and settlement. The RSUs shall vest as follows: (i) 100,000 RSUs shall vest in three equal annual installments following the grant date, with the first installment vesting on February 13, 2027, and (ii) 100,000 RSUs shall vest in full on February 13, 2029, subject to potential acceleration upon achievement of certain performance milestones. Reflects the acquisition of shares of Common Stock upon vesting of previously disclosed grants of RSUs. The grants of RSUs were initially reported in Table I of the Forms 4 filed by the Reporting Person on February 15, 2023, February 14, 2024 and February 18, 2025. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs and does not represent a sale by the Reporting Person.
FAQ
What insider transactions did C4 Therapeutics (CCCC) report for Kelly Schick?
C4 Therapeutics reported that Chief People Officer Kelly Schick received a 200,000-share RSU grant, acquired additional shares from vesting and exercises, and had shares withheld for taxes. These movements are part of equity compensation rather than open-market stock trading.
How many restricted stock units were granted to Kelly Schick of C4 Therapeutics (CCCC)?
Kelly Schick was granted 200,000 restricted stock units in total. 100,000 RSUs vest in three equal annual installments beginning February 13, 2027, and the remaining 100,000 RSUs vest in full on February 13, 2029, subject to performance milestones being achieved.
How do the new RSUs for C4 Therapeutics (CCCC) vest over time?
The 200,000 RSUs granted to Kelly Schick vest in two tranches. 100,000 vest in three equal annual installments starting February 13, 2027, while 100,000 vest in full on February 13, 2029, contingent on achieving specified performance milestones.
Were any of Kelly Schick’s C4 Therapeutics (CCCC) transactions open-market sales?
No open-market sales were reported. Shares shown as dispositions were withheld by C4 Therapeutics to satisfy tax withholding obligations upon RSU vesting, and the company states these withholdings do not represent sales by Kelly Schick in the market.