Corbus Pharmaceuticals (CRBP) CEO gets RSUs, options grant on Jan 14 2026
Rhea-AI Filing Summary
Corbus Pharmaceuticals Holdings, Inc. CEO Yuval Cohen reported new equity awards. On January 14, 2026, he received 50,000 restricted stock units that will settle in common shares, with 25% vesting on each of the first four anniversaries beginning January 14, 2027. Following this grant, he beneficially owned 188,187 common shares, including 173,561 unvested RSUs subject to their vesting schedules. He was also granted stock options for 150,000 shares at an exercise price of $8.26, expiring January 14, 2036, with 25% vesting on January 14, 2027 and the remaining 75% vesting in equal monthly installments over 36 months starting February 14, 2027.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock options (right to buy) | 150,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock, par value $0.0001 per share | 50,000 | $0.00 | $0.00 |
Footnotes (3)
- F1. On January 14, 2026, the Reporting Person was granted 50,000 restricted stock units ("RSUs"), which will be settled in shares of common stock, par value $0.0001. 25% of the RSUs shall vest on each of the first, second, third and fourth anniversary beginning on January 14, 2027. Notwithstanding the foregoing, upon termination of the Reporting Person's Service by the Company without cause, provided that such termination occurs after the first Vesting Date, then a prorata portion of the RSUs shall accelerate in an amount equal to the product of (x) the number of RSUs scheduled to vest on the next Vesting Date and (y) a fraction, the numerator of which is the number of completed months of service the Awardee worked since the most recent Vesting Date through the date of Awardees termination of Service and the denominator of which is 12. The RSUs, to the extent not accelerated in accordance with this paragraph shall be forfeited upon such Reporting Person's termination of service.
- F2. This amount includes 173,561 unvested RSUs subject to each grant's vesting schedule as previously reported.
- F3. The annual option award was made in accordance with the terms of the issuer's 2024 Equity Compensation Plan. 25% of the option vests on January 14, 2027, with the remaining 75% of the option vesting in equal monthly installments over a period of 36 months commencing on February 14, 2027.
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FAQ
What insider transactions did CRBP report for Yuval Cohen?
The filing shows that Yuval Cohen, CEO and director of Corbus Pharmaceuticals Holdings, Inc. (CRBP), received 50,000 RSUs and 150,000 stock options on January 14, 2026.
How do the new RSUs for CRBP CEO Yuval Cohen vest?
The 50,000 RSUs granted on January 14, 2026 vest 25% on each of the first, second, third and fourth anniversaries, beginning on January 14, 2027, and settle in common stock.
What are the terms of the new stock options reported by CRBP?
The filing reports an annual award of 150,000 stock options with an exercise price of $8.26 per share, expiring on January 14, 2036. 25% vests on January 14, 2027, and the remaining 75% vests in equal monthly installments over 36 months starting February 14, 2027.
Are the CRBP equity awards to Yuval Cohen part of a compensation plan?
Yes. The filing states that the annual option award for 150,000 stock options was made in accordance with the issuer's 2024 Equity Compensation Plan.
Do the CRBP RSUs for Yuval Cohen have any acceleration provisions?
Yes. If the company terminates Yuval Cohen's service without cause after the first vesting date, a prorata portion of the RSUs scheduled to vest on the next vesting date will accelerate based on completed months of service since the most recent vesting date.