Coherus (CHRS) CFO awarded 112,500 RSUs and 225,000 options
Rhea-AI Filing Summary
Coherus Oncology, Inc.’s Chief Financial Officer, Bryan J. McMichael, reported new equity awards. On January 22, 2026, he received 112,500 restricted stock units of common stock at $0 per share, bringing his directly held common stock to 133,736 shares. These RSUs vest in two equal parts, with 50% vesting on May 20, 2027 and 50% on March 20, 2029, subject to continued service. He was also granted a stock option for 225,000 shares of common stock at an exercise price of $1.59 per share, all held directly. The option vests 25% on the one-year anniversary of January 22, 2026, and the remainder in equal monthly installments over the following three years.
Positive
- None.
Negative
- None.
FAQ
What equity awards did the Coherus (CHRS) CFO report on this Form 4?
The Coherus Oncology, Inc. Chief Financial Officer, Bryan J. McMichael, reported receiving 112,500 restricted stock units (RSUs) of common stock and a stock option for 225,000 shares of common stock.
What are the vesting terms for Bryan McMichael’s 112,500 RSUs at Coherus (CHRS)?
The 112,500 RSUs vest in two tranches: 50% vest on May 20, 2027, and the remaining 50% vest on March 20, 2029, subject to his continued service with Coherus Oncology, Inc. on each vesting date.
What are the key terms of the 225,000 stock options granted to the Coherus (CHRS) CFO?
The CFO received a stock option for 225,000 shares of Coherus common stock with an exercise price of $1.59 per share. The option vests as to 1/4 of the total shares on the one-year anniversary of January 22, 2026, and 1/48 of the total shares in equal monthly installments thereafter, subject to continued service, and expires on January 22, 2036.
How many Coherus (CHRS) common shares does the CFO own after these RSU grants?
Following the reported RSU transaction, Bryan J. McMichael beneficially owns 133,736 shares of Coherus Oncology, Inc. common stock directly.
Were these Coherus (CHRS) insider transactions purchases or grants?
Both reported transactions are grants. The Form 4 shows transaction code “A” (acquired) for the 112,500 RSUs and for the 225,000 stock options, each at a transaction price of $0 per security.
What is Bryan McMichael’s role and relationship to Coherus (CHRS)?
Bryan J. McMichael is reported as an officer of Coherus Oncology, Inc., serving as its Chief Financial Officer, and he is not listed as a director or 10% owner.