Dare Bioscience (DARE) director awarded 30,805 RSUs as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dare Bioscience director Gregory W. Matz received a grant of 30,805 shares of common stock in the form of restricted stock units as compensation for serving on the company’s board and its committees. Each RSU converts into one share when it vests on January 4, 2027. After this award, he holds 30,847 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Matz Gregory W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 30,805 | $0.00 | -- |
Holdings After Transaction:
Common stock — 30,847 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 30,805 shares
Shares after transaction: 30,847 shares
Grant price per share: $0.0000 per share
+1 more
4 metrics
RSU grant size
30,805 shares
Restricted stock units granted as board compensation
Shares after transaction
30,847 shares
Total common stock held directly after grant
Grant price per share
$0.0000 per share
Reported transaction price for RSU award
RSU vesting date
January 4, 2027
Date when RSUs convert into common shares
Key Terms
restricted stock units ("RSU"), contingent right, in lieu of cash compensation, vests
4 terms
restricted stock units ("RSU") financial
"Represents shares underlying restricted stock units ("RSU") granted to the reporting person in lieu of cash compensation"
contingent right financial
"Each RSU represents a contingent right to receive one share when vested"
in lieu of cash compensation financial
"RSU granted to the reporting person in lieu of cash compensation for service on the issuer's board of directors and its committees"
vests financial
"The RSUs vests on January 4, 2027"
FAQ
What insider transaction did Dare Bioscience (DARE) director Gregory W. Matz report?
Gregory W. Matz reported receiving 30,805 restricted stock units as compensation for serving on Dare Bioscience’s board and committees. These RSUs represent a grant of common stock, not an open-market purchase, and are structured as equity-based compensation.
Is the Dare Bioscience (DARE) Form 4 transaction an open-market buy or compensation grant?
The Form 4 shows a compensation grant, not an open-market purchase. The 30,805 shares are restricted stock units awarded in lieu of cash compensation for Gregory W. Matz’s service on Dare Bioscience’s board of directors and its committees.
When do Gregory W. Matz’s Dare Bioscience (DARE) RSUs vest?
The restricted stock units granted to Gregory W. Matz vest on January 4, 2027. Each RSU represents a contingent right to receive one Dare Bioscience common share upon vesting, aligning his compensation with the company’s future performance over time.
What does each RSU granted to Gregory W. Matz by Dare Bioscience (DARE) represent?
Each restricted stock unit represents a contingent right to receive one share of Dare Bioscience common stock when vested. The 30,805 RSUs granted in this Form 4 filing will convert into shares on their vesting date, subject to applicable award terms.