Castle Biosciences (CSTL) COO reports 9,207 PSU and stock grant award
Rhea-AI Filing Summary
Castle Biosciences Chief Operating Officer Kristen M. Oelschlager reported equity awards tied to performance. On January 12, 2026, she received 9,207 Performance-Based Stock Units (PSUs), each representing the right to one share of common stock at a price of $0. On the same date, 9,207 shares of common stock were acquired at $0 upon vesting of 50% of PSUs granted on March 4, 2024, after the board certified that performance criteria were met.
Following these transactions, she directly holds 21,530 shares of Castle Biosciences common stock and indirectly holds 97,251 shares through The Fritz Shorter Trust, where she and her spouse are trustees and beneficiaries. The reported PSUs represent the remaining 50% of the 2024 performance-based grant, which will vest only if additional milestones are achieved.
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FAQ
What insider transaction did Castle Biosciences (CSTL) report for its COO?
Castle Biosciences reported that Chief Operating Officer Kristen M. Oelschlager received 9,207 Performance-Based Stock Units and 9,207 shares of common stock on January 12, 2026, both at a price of $0.
What are the 2024 performance-based stock units mentioned in the CSTL Form 4?
The filing explains that the 9,207 shares of common stock represent 50% of the 2024 Performance-Based Stock Units granted on March 4, 2024, which vested after the board certified that certain performance criteria were satisfied on January 12, 2026.
How many Castle Biosciences shares does the COO own after this Form 4 transaction?
After the reported transactions, the COO directly owns 21,530 shares of Castle Biosciences common stock and indirectly owns 97,251 shares through The Fritz Shorter Trust.
What is The Fritz Shorter Trust referenced in the CSTL insider filing?
The filing states that 97,251 common shares are held by The Fritz Shorter Trust, of which the reporting person and her spouse are the trustees and beneficiaries, and these shares are reported as indirect ownership.
Do the reported PSUs in the CSTL Form 4 automatically convert to shares?
Each Performance-Based Stock Unit (PSU) represents the right to receive one share of Castle Biosciences common stock. The filing notes that the reported PSUs are the remaining 50% of the 2024 PSUs and will vest only upon achievement of specified milestones.
Was there any cash paid for the Castle Biosciences equity reported in this Form 4?
No cash was paid for the reported awards. Both the 9,207 common shares and the 9,207 PSUs are shown with a transaction price of $0, indicating they were granted or vested as equity compensation.