CytomX (CTMX) CMO Yu-Waye Chu receives 75,000 RSUs and 300,000 options
Rhea-AI Filing Summary
CytomX Therapeutics Chief Medical Officer Yu-Waye Chu reported new equity awards. On February 2, 2026, Chu received 75,000 shares of Common Stock in the form of restricted stock units at a price of $0 per share. These RSUs convert into one share of Common Stock per unit, with one-third vesting each year on March 15, starting on March 15, 2027, subject to continued service.
On the same date, Chu was granted a stock option for 300,000 shares of Common Stock at an exercise price of $6.09 per share. One forty-eighth of the option vests monthly starting from February 2, 2026, becoming fully vested on the fourth anniversary of that date, also subject to continued service. After these transactions, Chu beneficially owns 210,725 shares of Common Stock, including 206,000 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 300,000 | $0.00 | -- |
| Grant/Award | Common Stock | 75,000 | $0.00 | -- |
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 206,000 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.