Cerus (NASDAQ: CERS) CEO receives 1.2M-share RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cerus Corp reported that President and CEO William Mariner Greenman received a grant of 1,200,000 restricted stock units (RSUs), each representing one share of common stock. The RSUs vest with 34% on March 12, 2027 and 66% on March 12, 2028, contingent on his continued service. Following this equity award and recent employee stock purchase plan acquisitions, his direct holdings total 5,331,167 shares of Cerus common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Greenman William Mariner
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,200,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,331,167 shares (Direct)
Footnotes (1)
- 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. Includes 5,318 and 10,004 shares purchased under Issuer's Employee Stock Purchase Plan on 08/29/25 and 02/27/26, respectively.
FAQ
What insider transaction did Cerus Corp (CERS) report for its CEO?
Cerus Corp reported an equity grant to its CEO. President and CEO William Mariner Greenman received 1,200,000 restricted stock units, each tied to one Cerus common share, as part of his compensation package.
When do the newly granted Cerus (CERS) RSUs to the CEO vest?
The RSUs vest in two future installments. Cerus states that 34% of the 1,200,000 RSUs vest on March 12, 2027, and the remaining 66% vest on March 12, 2028, assuming continuous service.
What conditions apply to the Cerus (CERS) CEO’s RSU vesting schedule?
Vesting depends on continued service. The 34% and 66% vesting tranches in 2027 and 2028 only occur if the CEO maintains continuous service with Cerus through each respective vesting date.