CytomX (CTMX) SVP Marcia Belvin receives 60K RSUs and 250K options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CytomX Therapeutics reported new equity awards for SVP and Chief Scientific Officer Marcia Belvin. On February 2, 2026 she received 60,000 restricted stock units of common stock at a price of $0, increasing her directly held common stock to 332,252 shares, including 218,958 RSUs.
She was also granted a stock option for 250,000 shares of common stock with a $6.09 exercise price. The option vests in equal monthly installments over four years starting from February 2, 2026, and the RSUs vest in three equal annual installments beginning March 15, 2027, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BELVIN MARCIA
Role
SVP, Chief Scientific Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 250,000 | $0.00 | -- |
| Grant/Award | Common Stock | 60,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 250,000 shares (Direct);
Common Stock — 332,252 shares (Direct)
Footnotes (1)
- Constitute restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of Common Stock for each RSU upon vesting. 1/3rd of the RSUs vest annually on March 15 of each year, with the first 1/3rd vesting on March 15, 2027, subject to the Reporting Person continuing as a service provider through each such date. Includes 218,958 RSUs. 1/48th of the shares subject to the option vest on each monthly anniversary measured from February 2, 2026 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date, subject to the Reporting Person's continued service to the Issuer through each such date.
FAQ
What insider equity awards were reported for CytomX (CTMX) SVP Marcia Belvin?
Marcia Belvin received 60,000 restricted stock units of CytomX common stock at a price of $0 and a stock option for 250,000 shares at a $6.09 exercise price, both granted on February 2, 2026 as part of her compensation.
What is the vesting schedule for Marcia Belvin’s CytomX (CTMX) RSUs?
The RSUs vest in three equal installments. One-third vests on March 15 each year, with the first one-third vesting on March 15, 2027. Vesting is conditioned on Marcia Belvin continuing as a service provider through each applicable vesting date with CytomX Therapeutics.
How do Marcia Belvin’s new CytomX (CTMX) stock options vest?
The 250,000-share stock option vests monthly over four years. One forty-eighth of the option vests on each monthly anniversary of February 2, 2026, so the option becomes fully vested and exercisable on the fourth anniversary, subject to her continued service to CytomX.
What is the exercise price and term of Marcia Belvin’s CytomX (CTMX) stock option?
The stock option has a $6.09 exercise price per share of CytomX common stock. It was granted on February 2, 2026 and is scheduled to expire on February 1, 2036, giving a ten-year term, assuming vesting and other conditions are satisfied.
Does Marcia Belvin directly hold the CytomX (CTMX) securities reported in this Form 4?
Yes. The Form 4 shows both the common stock, including RSUs, and the 250,000-share stock option as directly owned by Marcia Belvin. No indirect ownership entities or disclaimers of beneficial ownership are indicated in the provided disclosure or its footnotes.