CCCC insider: Director takes 6,740 shares as compensation at $2.15
Rhea-AI Filing Summary
Donna Grogan, a non-employee director of C4 Therapeutics, Inc. (CCCC), received 6,740 shares of common stock on 10/01/2025 by electing to take equity in lieu of cash under the company’s Non-Employee Director Compensation Policy. The shares were recorded at a per-share price of $2.15, equal to the closing market price on the transaction date. After the grant, the reporting person beneficially owned 58,629 shares, held directly. The Form 4 discloses the transaction code and confirms the shares were issued as director compensation.
Positive
- 6,740 shares issued under the Non-Employee Director Compensation Policy, indicating director alignment with shareholder interests
- Transaction executed at closing market price of $2.15, reflecting a market-based issuance
Negative
- None.
Insights
Director elected stock compensation, modest stake increase of 6,740 shares.
The disclosure shows a routine equity election under the issuer’s Non-Employee Director Compensation Policy, converting cash compensation into common stock at the market close price of $2.15. This is a non‑derivative, direct acquisition and increases the director’s reported beneficial ownership to 58,629 shares.
Such elections are common governance practice to align directors with shareholder outcomes and are informational for investors tracking insider ownership changes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,740 | $2.15 | $14K |
Footnotes (1)
- These shares were issued in accordance with the Issuer's Non-Employee Director Compensation Policy, pursuant to which the Reporting Person elected to receive shares of the Issuer's common stock in lieu of cash compensation for services as a non-employee director of the Issuer. The price reported in Column 4 is based upon the closing market price of the Issuer's common stock on October 1, 2025.