Director at Castle Biosciences (CSTL) settles 13,667 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CASTLE BIOSCIENCES director Tiffany Olson exercised previously granted equity awards rather than trading shares on the market. On May 22, 2026, she converted 13,667 Restricted Stock Units (RSUs) into the same number of Common Stock shares at a price of $0.00 per share, reflecting compensation rather than a cash investment.
Following this RSU settlement, Olson directly holds 39,573 shares of Castle Biosciences Common Stock. The filing shows no open-market purchases or sales and no shares withheld for taxes, indicating a straightforward vesting and settlement of RSUs, each of which represents the right to receive one share of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
13,667 shares exercised/converted
Mixed
2 txns
Insider
Olson Tiffany
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 13,667 | $0.00 | -- |
| Exercise | Common Stock | 13,667 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 39,573 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Common Stock. The RSUs vest in full on the earlier of the (a) one-year anniversary of the date on May 22, 2026, or (b) the day immediately preceding the next Annual Meeting of Stockholders following the date of the grant.
Key Figures
RSUs exercised: 13,667 shares
Post-transaction holdings: 39,573 shares
Exercise price per share: $0.00/share
+1 more
4 metrics
RSUs exercised
13,667 shares
Restricted Stock Units converted to Common Stock on May 22, 2026
Post-transaction holdings
39,573 shares
Common Stock directly owned after RSU settlement
Exercise price per share
$0.00/share
RSUs settled into Common Stock without cash payment
Derivative RSU position after transaction
0 units
Restricted Stock Units from this grant remaining after exercise
Key Terms
Restricted Stock Units, derivative security, Common Stock
3 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction code description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Common Stock financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Castle Biosciences (CSTL) director Tiffany Olson report in this Form 4?
Director Tiffany Olson reported the settlement of equity awards, not an open-market trade. She exercised 13,667 Restricted Stock Units into 13,667 shares of Common Stock at $0.00 per share, reflecting compensation-based share delivery rather than buying or selling in the market.
Was Tiffany Olson’s Castle Biosciences (CSTL) Form 4 a market purchase or sale of stock?
The Form 4 does not show a market purchase or sale. Instead, it records the exercise of 13,667 Restricted Stock Units into Common Stock at $0.00 per share, a compensation-related event where previously granted RSUs converted into shares without a cash transaction on an exchange.
What are Restricted Stock Units (RSUs) in the context of Castle Biosciences (CSTL)?
Restricted Stock Units are equity awards that convert into shares once vesting conditions are met. The filing notes each RSU represents the right to receive one share of Castle Biosciences Common Stock, meaning vesting and settlement increase share ownership without a market purchase.
Did Tiffany Olson retain any derivative positions after this Castle Biosciences (CSTL) RSU exercise?
The data provided shows no remaining derivative positions tied to this RSU grant after settlement. The RSU position for 13,667 units moved to zero, while her direct Common Stock holdings increased to 39,573 shares, indicating these particular RSUs were fully settled into stock.