Cerus CLO granted 300,000 RSUs in new award
Jensen Chrystal reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Jensen Chrystal reported acquisition or exercise transactions in this Form 4 filing.
Cerus Corp reported that Chief Legal Officer Chrystal Jensen received a grant of 300,000 shares of common stock in the form of restricted stock units. These RSUs vest in two steps: 34% on March 12, 2027 and 66% on March 12, 2028, contingent on continued service. After this award, Jensen directly holds 1,028,294 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 300,000 shares
Grant/Award
1 txn
Insider
Jensen Chrystal
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 300,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 1,028,294 shares (Direct)
Footnotes (1)
- F1. Each RSU represents a contingent right to receive one share of common stock of the Issuer. The RSUs vest in two annual installments with 34% of the grant vesting on March 12, 2027, and 66% of the grant vesting on March 12, 2028, subject to the Reporting Person's continuous service to the Issuer through such vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Cerus Corp (CERS) report for Chrystal Jensen?
Cerus reported that Chief Legal Officer Chrystal Jensen acquired 300,000 shares through a restricted stock unit grant. The award increases her direct holdings to 1,028,294 shares, aligning a portion of her compensation with Cerus Corp’s future stock performance.
What is the vesting schedule for Chrystal Jensen’s Cerus Corp (CERS) RSU grant?
The 300,000 RSUs granted to Chrystal Jensen vest in two annual installments. 34% vest on March 12, 2027, and the remaining 66% vest on March 12, 2028, assuming she continues to serve Cerus through each vesting date.
What does each RSU in Chrystal Jensen’s Cerus Corp (CERS) grant represent?
Each RSU represents a contingent right to receive one share of Cerus common stock. The RSUs convert into actual shares only as they vest on March 12, 2027 and March 12, 2028, subject to continuous service requirements.
Is Chrystal Jensen’s Cerus Corp (CERS) RSU grant an open-market stock purchase?
No, the transaction is a restricted stock unit grant, not an open-market purchase. The Form 4 classifies it as a grant, award, or other acquisition, and the RSUs vest over time rather than being bought on the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.