Castle Biosciences (CSTL) director receives 13,667 shares via RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Castle Biosciences Inc. director Cole G. Bradley reported a compensation-related stock transaction. Bradley exercised previously granted Restricted Stock Units (RSUs), receiving 13,667 shares of Common Stock at a stated price of $0.00 per share. Following this exercise, Bradley directly holds 32,976 shares of Common Stock. Each RSU represents the right to receive one share of Common Stock, with vesting tied to the earlier of a one-year anniversary of the grant date or the day before the next Annual Meeting of Stockholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
13,667 shares exercised/converted
Mixed
2 txns
Insider
Cole G Bradley
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 — 32,976 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
Exercise price: $0.00 per share
Shares held after transaction: 32,976 shares
+2 more
5 metrics
RSUs exercised
13,667 shares
Restricted Stock Units converted to Common Stock on May 22, 2026
Exercise price
$0.00 per share
Stated price for RSU conversion to Common Stock
Shares held after transaction
32,976 shares
Cole G. Bradley direct Common Stock holdings post-transaction
Derivative transactions
1 derivative, 1 non-derivative entry
RSU derivative line plus resulting Common Stock line
Net buy/sell direction
Neutral (no market buys or sells)
transactionSummary shows netBuySellDirection neutral
Key Terms
Restricted Stock Units, Common Stock, derivative security, Annual Meeting of Stockholders
4 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
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.
Common Stock financial
"security_title: "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.
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.
Annual Meeting of Stockholders financial
"the day immediately preceding the next Annual Meeting of Stockholders"
FAQ
What insider transaction did CSTL director Cole G. Bradley report?
Director Cole G. Bradley exercised previously granted RSUs into 13,667 shares of Castle Biosciences Common Stock at a stated price of $0.00 per share. This is a compensation-related derivative exercise, not an open-market stock purchase or sale.
What are Restricted Stock Units (RSUs) in the CSTL Form 4 filing?
In this filing, each Restricted Stock Unit represents the right to receive one share of Castle Biosciences Common Stock. RSUs are a form of equity compensation that convert into shares upon meeting specified vesting conditions and are not open-market purchases.
What vesting terms apply to the CSTL RSUs reported for Cole G. Bradley?
The RSUs vest in full on the earlier of the one-year anniversary of the May 22 grant date or the day immediately preceding the next Annual Meeting of Stockholders. Once vested, the RSUs convert into an equivalent number of Common Stock shares.
Was the CSTL insider transaction a stock sale or purchase in the market?
The transaction was an exercise of derivative securities, not an open-market buy or sell. Cole G. Bradley received 13,667 Common Stock shares by converting Restricted Stock Units at a stated price of $0.00, reflecting equity compensation rather than trading activity.