Journey Medical director receives 50,000 RSU grant
Smith Justin Adam reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Smith Justin Adam reported acquisition or exercise transactions in this Form 4 filing.
Journey Medical Corp director Justin Adam Smith received a grant of 50,000 restricted stock units as equity compensation. The award was granted on July 1, 2026 under Journey Medical Corp's 2015 Stock Plan, as amended. These restricted stock units vest over a long-term schedule: 16,666 shares on July 1, 2029, 16,667 shares on July 1, 2030 and 16,667 shares on July 1, 2031, tying the director’s compensation to the company’s future performance. Following this grant, Smith directly holds a total of 231,618 shares and restricted stock units, which vest over various time periods.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.0001 par value | 50,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. On July 1, 2026, the reporting person was granted 50,000 restricted stock units pursuant to the Issuer's 2015 Stock Plan, as amended, which will vest in accordance with the following schedule: 16,666 shares on July 1, 2029, 16,667 shares on July 1, 2030 and 16,667 shares on July 1, 2031.
- F2. Includes restricted stock units, which vest over various time periods.
Key Figures
Key Terms
restricted stock units financial
2015 Stock Plan financial
vest financial
grant, award, or other acquisition financial
direct ownership financial
FAQ
What did Journey Medical Corp (DERM) director Justin Adam Smith report in this Form 4?
How many Journey Medical Corp (DERM) restricted stock units were granted to Justin Adam Smith?
What is the vesting schedule for Justin Adam Smith’s 50,000 Journey Medical Corp (DERM) RSUs?
Was Justin Adam Smith’s Journey Medical Corp (DERM) RSU grant an open-market purchase or a compensation award?
AI-generated analysis. How Rhea-AI works. Not financial advice.