Cerus CFO awarded 300,000 restricted stock units
Green Kevin Dennis reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Green Kevin Dennis reported acquisition or exercise transactions in this Form 4 filing.
Cerus Corporation’s Chief Financial Officer Kevin Dennis Green reported an award of 300,000 restricted stock units, each representing one share of common stock. The grant was at no cash cost to him and increases his direct holdings to 1,187,262 shares, including prior employee stock purchase plan shares.
The RSUs vest in two stages: 34% on March 12, 2027 and 66% on March 12, 2028, conditioned on his continued service with the company through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 300,000 | $0.00 | $0.00 |
Footnotes (2)
- 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.
- F2. Includes 5,837 and 5,558 shares purchased under Issuer's Employee Stock Purchase Plan on 08/29/25 and 02/27/26, respectively.
FAQ
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What insider transaction did Cerus (CERS) report for its CFO?
What are the vesting terms of the Cerus (CERS) CFO’s 300,000 RSUs?
Does the Cerus (CERS) CFO have to pay for the 300,000 RSUs granted?
Is the Cerus (CERS) CFO’s Form 4 transaction a buy or a sale?
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