C4 Therapeutics (NASDAQ: CCCC) awards CAO 56,980 RSUs and updates holdings
Rhea-AI Filing Summary
C4 Therapeutics Chief Accounting Officer Mark Mossler reported equity compensation and related share movements. He received a grant of 56,980 restricted stock units, each representing one future share of common stock upon vesting and settlement.
According to the grant terms, 28,490 RSUs vest in three equal annual installments starting on February 13, 2027, and 28,490 RSUs vest in full on February 13, 2029, subject to performance milestones. Separately, 9,420 shares of common stock were acquired upon vesting of previously disclosed RSU awards, while 3,268 shares were withheld by the company at a price of $1.89 per share to cover tax obligations, which the filing specifies is not a sale. After these transactions, Mossler directly holds 71,916 shares of common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 9,420 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,268 | $1.89 | $6K |
| Grant/Award | Common Stock | 56,980 | $0.00 | -- |
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) 28,490 RSUs shall vest in three equal annual installments following the grant date, with the first installment vesting on February 13, 2027, and (ii) 28,490 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 April 10, 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.