Cognition Therapeutics director awarded 25K RSUs
Cognition Therapeutics director Ellen B. Richstone reported a grant of 25,000 restricted stock units (RSUs).
Sentiment and the balance of points
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Rhea-AI Filing Summary
Cognition Therapeutics director Ellen B. Richstone reported a grant of 25,000 restricted stock units (RSUs). Each RSU represents the right to receive one share of common stock upon settlement. The RSUs vest in full on the earlier of June 17, 2027 or the company’s next annual stockholder meeting, contingent on her continued board service. Following this equity award, she holds 83,500 shares of common stock directly. This Form 4 reflects a compensation-related acquisition rather than any open-market trading.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Each share is represented by a restricted stock unit ("RSU"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. The RSUs vest in full on the earlier of (i) June 17, 2027 or (ii) on the date of the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continuous service as a director as of the applicable vesting date.
Key Figures
Key Terms
restricted stock unit ("RSU") financial
contingent right financial
vest financial
annual meeting of stockholders financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Cognition Therapeutics (CGTX) report for Ellen B. Richstone?
How many Cognition Therapeutics (CGTX) RSUs were granted to Ellen B. Richstone?
What are the vesting terms of Ellen B. Richstone’s CGTX RSU grant?
Is Ellen B. Richstone’s CGTX Form 4 transaction an open-market trade?
AI-generated analysis. How Rhea-AI works. Not financial advice.