Cognition Therapeutics director granted 25,000 RSUs
Khattar Jack A. reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Khattar Jack A. reported acquisition or exercise transactions in this Form 4 filing.
Cognition Therapeutics Inc. director Jack A. Khattar received an equity award 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 stockholders’ meeting, contingent on his continued board service. Following this grant, Khattar directly holds 73,500 shares of common stock.
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 in full financial
continuous service financial
FAQ
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What did Cognition Therapeutics (CGTX) director Jack Khattar report on this Form 4?
How many Cognition Therapeutics RSUs were granted to director Jack Khattar?
When do Jack Khattar’s 25,000 Cognition Therapeutics RSUs vest?
What are Jack Khattar’s Cognition Therapeutics holdings after this RSU grant?
What conditions apply to the Cognition Therapeutics RSUs granted to Jack Khattar?
AI-generated analysis. How Rhea-AI works. Not financial advice.