C4 Therapeutics (CCCC) CEO receives 700,000 RSU equity award
Rhea-AI Filing Summary
C4 Therapeutics, Inc. reported multiple equity transactions by President & CEO Andrew Hirsch. On February 13, 2026, he received 700,000 restricted stock units (RSUs). According to the disclosure, 350,000 RSUs vest in three equal annual installments beginning on February 13, 2027, and 350,000 RSUs vest in full on February 13, 2029, subject to potential acceleration if certain performance milestones are achieved.
On February 14 and 15, 2026, previously granted RSUs vested, resulting in acquisitions of common stock through derivative exercises and conversions. In connection with these vestings, the company withheld 39,154 and 9,057 shares of common stock at $1.89 per share to cover tax withholding obligations. The filing states these withheld shares do not represent sales by Hirsch. After these transactions, he continued to hold over one million shares directly.
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