Cue Biopharma corrects director RSU grant to 18.9K
Rhea-AI Filing Summary
Cue Biopharma, Inc. (CUE) reports an amended Form 4 for director Pamela Garzone to correct a prior administrative calculation error in a grant of restricted stock units (RSUs). The original report showed 21,800 shares acquired; the correct amount is 18,900 shares, which is now also the total beneficially owned following the transaction. One-third of these RSUs vest on each of July 9, 2027, July 9, 2028, and July 9, 2029, subject to her continued service with the company.
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Insider Trade Summary
Net Buyer: 18,900 shares
Net Buy
1 txn
Insider
Garzone Pamela
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 18,900 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 18,900 shares (Direct)
Footnotes (1)
- F1. This amendment is being filed solely to correct an administrative calculation error in Column 4 of Table I of the original filing relating to a grant of restricted stock units ("RSUs") to the Reporting Person, which resulted in the number of securities acquired by the Reporting Person being overstated. The original filing incorrectly reported 21,800 shares; the correct amount of shares acquired is 18,900. As a result of this correction, the total amount of securities beneficially owned following the reported transaction in Column 5 has been updated to 18,900. One-third of the shares subject to the RSU vest on each of July 9, 2027, July 9, 2028 and July 9, 2029, subject to the Reporting Person's continued service with the Issuer through each such vest date.
Key Figures
Correct RSUs acquired: 18,900 shares
Originally reported RSUs: 21,800 shares
Total securities beneficially owned after transaction: 18,900 shares
+3 more
6 metrics
Correct RSUs acquired
18,900 shares
Grant of restricted stock units to Pamela Garzone on 2026-07-09
Originally reported RSUs
21,800 shares
Amount incorrectly reported in the original Form 4
Total securities beneficially owned after transaction
18,900 shares
Column 5 total after correction
Vesting date 1
July 9, 2027
One-third of RSU grant vests, subject to continued service
Vesting date 2
July 9, 2028
One-third of RSU grant vests, subject to continued service
Vesting date 3
July 9, 2029
Final one-third of RSU grant vests, subject to continued service
Key Terms
restricted stock units, beneficially owned, continued service
3 terms
restricted stock units financial
"relating to a grant of restricted stock units ("RSUs") to the Reporting"
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.
beneficially owned financial
"the total amount of securities beneficially owned following the reported"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
continued service financial
"subject to the Reporting Person's continued service with the Issuer"
FAQ
What change does this amended Form 4/A report for CUE?
The amendment corrects an earlier error in a restricted stock unit grant to director Pamela Garzone. The original filing reported 21,800 shares acquired; the correct number is 18,900 shares, which is now also the total beneficially owned after the transaction.
What is Pamela Garzone’s total CUE beneficial ownership after this correction?
After the correction, Pamela Garzone is reported to beneficially own a total of 18,900 Cue Biopharma shares, all from the corrected restricted stock unit grant.
How do the Cue Biopharma (CUE) RSUs granted to Pamela Garzone vest?
The RSUs granted to Pamela Garzone vest in three equal installments. One-third vests on July 9, 2027, one-third on July 9, 2028, and one-third on July 9, 2029, subject to her continued service with Cue Biopharma.
AI-generated analysis. How Rhea-AI works. Not financial advice.