Castle Biosciences (NASDAQ: CSTL) grants 11,766 RSUs to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cole G Bradley reported acquisition or exercise transactions in this Form 4 filing.
Castle Biosciences director Cole G. Bradley received a grant of 11,766 Restricted Stock Units (RSUs). Each RSU represents the right to receive one share of the company’s common stock, giving him 11,766 shares underlying this award after the transaction.
The RSUs vest in full on the earlier of the one-year anniversary of May 28, 2027 or the day immediately before the next Annual Meeting of Stockholders following the grant date. This is a compensation-related equity award rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cole G Bradley
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 11,766 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 11,766 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 28, 2027, or (b) the day immediately preceding the next Annual Meeting of Stockholders following the date of the grant.
Key Figures
RSUs granted: 11,766 RSUs
Underlying common shares: 11,766 shares
Grant price per RSU: $0.0000 per unit
+2 more
5 metrics
RSUs granted
11,766 RSUs
Grant to director Cole G. Bradley on May 28, 2026
Underlying common shares
11,766 shares
Each RSU equals one share of Common Stock
Grant price per RSU
$0.0000 per unit
Equity compensation, no cash paid for grant
Shares following transaction
11,766 units
Total Restricted Stock Units held after award
Vesting reference date
May 28, 2027
RSUs vest on earlier of this date’s one-year anniversary or before next annual meeting
Key Terms
Restricted Stock Units, RSU, Annual Meeting of Stockholders
3 terms
Restricted Stock Units financial
"Cole G. Bradley received a grant of 11,766 Restricted Stock Units (RSUs)."
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.
RSU financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Common Stock."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
Annual Meeting of Stockholders financial
"the day immediately preceding the next Annual Meeting of Stockholders following the date of the grant."
FAQ
What insider transaction did CSTL director Cole G. Bradley report?
Cole G. Bradley reported receiving 11,766 Restricted Stock Units as equity compensation. These RSUs give him the right to receive an equal number of Castle Biosciences common shares, increasing his direct equity-based stake in the company once they vest.
How many Castle Biosciences (CSTL) RSUs were granted in this Form 4?
The filing shows a grant of 11,766 Restricted Stock Units. Each RSU corresponds to one share of Castle Biosciences common stock, so the award covers 11,766 underlying shares if and when the units fully vest.
When do Cole G. Bradley’s CSTL RSUs vest?
The RSUs vest in full on the earlier of the one-year anniversary of May 28, 2027 or the day immediately preceding the next Annual Meeting of Stockholders. This schedule ties vesting to time served on the board and the company’s annual meeting cycle.
Is the CSTL Form 4 a stock purchase or a compensation grant?
This Form 4 reflects a compensation grant, not an open-market stock purchase or sale. The 11,766 Restricted Stock Units were awarded at no cash cost, providing future rights to shares rather than an immediate market transaction.
What does each CSTL Restricted Stock Unit represent for Cole G. Bradley?
Each Restricted Stock Unit represents the right to receive one share of Castle Biosciences common stock. Once vested, the RSUs convert into common shares, aligning the director’s interests with other shareholders through equity ownership.