Cue Biopharma grants 21,800 RSUs to director
Garzone Pamela reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Garzone Pamela reported acquisition or exercise transactions in this Form 4 filing.
Cue Biopharma, Inc. reported that director Pamela Garzone received a grant of 21,800 shares of Common Stock in the form of restricted stock units. One-third of the RSUs vest on each of July 9, 2027, July 9, 2028, and July 9, 2029, contingent on her continued service with the company. Following this equity award, she holds 21,800 shares directly.
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Insights
Director received 21,800 RSUs vesting over three years as routine equity compensation.
Director Pamela Garzone was granted 21,800 restricted stock units (RSUs) of Cue Biopharma Common Stock at a stated transaction price of $0.0000 per share, reflecting a non-cash equity award rather than an open-market purchase. This aligns her compensation partly with shareholder outcomes.
According to the vesting schedule, one-third of the RSUs vest on each of July 9, 2027, July 9, 2028, and July 9, 2029, conditioned on her continued service. This time-based vesting encourages longer-term board service and alignment with the company’s multi-year performance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 21,800 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents the grant of restricted stock units ("RSUs"). One-third of the shares subject to the RSUs 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
Key Terms
restricted stock units financial
RSUs financial
vesting financial
continued service financial
FAQ
What equity award did Pamela Garzone receive from Cue Biopharma (CUE)?
How do the 21,800 RSUs granted to Pamela Garzone at Cue Biopharma (CUE) vest?
Is Pamela Garzone’s Cue Biopharma (CUE) RSU grant an open-market stock purchase?
What conditions apply to vesting of the Cue Biopharma (CUE) RSUs granted to Pamela Garzone?
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