Corbus (NASDAQ: CRBP) director receives RSU and stock option grants in equity package
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corbus Pharmaceuticals director Brent Pfeiffenberger received new equity awards as part of his compensation. On May 19, 2026, he was granted 7,500 restricted stock units that will settle in common shares and vest in three equal annual installments over three years, subject to continued service. He also received options on 24,700 shares of common stock at an exercise price of $9.15 per share, expiring on May 19, 2036, which will vest on the same three-year schedule under the company’s 2024 Equity Compensation Plan. Following these awards, his reported holdings include 7,500 shares of common stock and 24,700 stock options, all held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Pfeiffenberger Brent
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock options (right to buy) | 24,700 | $0.00 | -- |
| Grant/Award | Common Stock, par value $0.0001 per share | 7,500 | $0.00 | -- |
Holdings After Transaction:
Stock options (right to buy) — 24,700 shares (Direct, null);
Common Stock, par value $0.0001 per share — 7,500 shares (Direct, null)
Footnotes (1)
- On May 19, 2026, 7,500 restricted stock units ("RSUs") were granted, which will be settled in shares of common stock, par value $0.0001. The RSUs will vest in three equal annual installments on each of the first three anniversaries of the grant date, subject to continued service to the Company through each applicable vesting date. This amount includes 7,500 unvested RSUs that were granted on May 19, 2026 and will vest in three equal annual installments on each of the first three anniversaries of the grant date, subject to continued service to the Company through each applicable vesting date. The option award was made in accordance with the terms of the issuer's 2024 Equity Compensation Plan. The option will vest in three equal annual installments on each of the first three anniversaries of the grant date, subject to continued service to the Company through each applicable vesting date.
Key Figures
RSU grant size: 7,500 units
Option grant size: 24,700 options
Option exercise price: $9.15/share
+2 more
5 metrics
RSU grant size
7,500 units
Restricted stock units granted May 19, 2026
Option grant size
24,700 options
Stock options granted May 19, 2026
Option exercise price
$9.15/share
Exercise price for 24,700 stock options
Option expiration
May 19, 2036
Expiration date of stock option grant
Shares held after grant
7,500 shares
Total common stock holdings following RSU grant
Key Terms
restricted stock units ("RSUs"), vesting, stock options (right to buy), 2024 Equity Compensation Plan
4 terms
restricted stock units ("RSUs") financial
"On May 19, 2026, 7,500 restricted stock units ("RSUs") were granted, which will be settled in shares of common stock"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vesting financial
"The RSUs will vest in three equal annual installments on each of the first three anniversaries"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
stock options (right to buy) financial
"Stock options (right to buy)"
2024 Equity Compensation Plan financial
"The option award was made in accordance with the terms of the issuer's 2024 Equity Compensation Plan."
FAQ
What equity awards did Brent Pfeiffenberger receive from Corbus Pharmaceuticals (CRBP)?
Brent Pfeiffenberger received 7,500 restricted stock units and stock options on 24,700 shares of Corbus Pharmaceuticals common stock. Both awards were granted on May 19, 2026 as part of his director compensation package, with future vesting conditions attached.
What are the vesting terms of Brent Pfeiffenberger’s new CRBP restricted stock units?
The 7,500 restricted stock units vest in three equal annual installments over three years. Each installment vests on the anniversary of the May 19, 2026 grant date, provided Pfeiffenberger continues to serve the company through each applicable vesting date.
What are the key terms of Brent Pfeiffenberger’s new CRBP stock options?
Pfeiffenberger received options on 24,700 CRBP shares with a $9.15 exercise price. These options vest in three equal annual installments over three years and expire on May 19, 2036, aligning with Corbus Pharmaceuticals’ 2024 Equity Compensation Plan.
Are Brent Pfeiffenberger’s CRBP equity awards open‑market transactions?
No, these are not open‑market trades. The Form 4 shows grant or award acquisitions of restricted stock units and stock options, issued at no cash cost to Pfeiffenberger as part of Corbus Pharmaceuticals’ equity compensation program.