Coherus Oncology (CHRS) director granted 30,000 RSUs and 60,000 options
Rhea-AI Filing Summary
Coherus Oncology, Inc. director Ryan Michael Lee reported receiving new equity-based compensation. He was granted 30,000 restricted stock units (RSUs), each representing one share of common stock upon vesting, and now holds 30,000 common shares directly after this award.
According to the filing, 100% of these RSUs will vest on the one-year anniversary of June 3, 2026, assuming he continues his service with the company. Lee also received stock options for 60,000 shares of common stock at an exercise price of $1.45 per share, which vest and become exercisable in full on June 3, 2027, subject to continued service.
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Insights
Director received time-based RSUs and options as routine equity compensation.
The filing shows Ryan Michael Lee, a director of Coherus Oncology, Inc., receiving 30,000 RSUs and options for 60,000 shares at an exercise price of $1.45. Both awards are time-based and tied to continued board service.
The RSUs cliff-vest 100% on the one-year anniversary of June 3, 2026, while the options cliff-vest 100% on June 3, 2027. Because these are grants with zero purchase price at grant and no same-day sales, they are standard compensation rather than active market trades.
This type of equity package aligns the director’s incentives with shareholders over the next one to two years. Any financial impact for existing investors depends on overall share count and future company performance, which are not detailed in this filing excerpt.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 60,000 | $0.00 | -- |
| Grant/Award | Common Stock | 30,000 | $0.00 | -- |
Footnotes (1)
- Constitute restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of Common Stock for each RSU upon vesting. 100% of the RSUs shall vest on the one year anniversary of June 3, 2026, subject to Reporting Person's continued service relationship with the Issuer on such vesting date. The underlying shares vest and become exercisable as to 100% of the total number of the shares subject to the option on June 3, 2027, subject to the Reporting Person's continued service relationship with the Issuer on such vesting date.