Definium (DFTX) CFO receives 62,500 performance share units vesting in 2028
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Roberts Brandi reported acquisition or exercise transactions in this Form 4 filing.
Definium Therapeutics, Inc. Chief Financial Officer Brandi Roberts reported an equity compensation grant of 62,500 common shares at a price of $0.00 per share. These shares represent the first tranche of performance share units granted effective June 2, 2025.
The units remain subject to vesting based on her continued employment through June 2, 2028 and the achievement of specified clinical and regulatory milestones in the Performance Share Unit Award Agreement. Following this award, Roberts directly holds 212,500 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Roberts Brandi
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 62,500 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 212,500 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 62,500 shares
Grant price: $0.00 per share
Shares after transaction: 212,500 shares
+2 more
5 metrics
Shares granted
62,500 shares
Performance share unit grant effective June 2, 2025
Grant price
$0.00 per share
Equity compensation, no cash paid by CFO
Shares after transaction
212,500 shares
Direct holdings following the grant
Vesting end date
June 2, 2028
Continued employment requirement for vesting
Grant effective date
June 2, 2025
Performance share unit award effective date
Key Terms
performance share units, vesting, clinical and regulatory milestones, Performance Share Unit Award Agreement
4 terms
vesting financial
"and remain subject to vesting based on the Reporting Person's continued employment through June 2, 2028"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
clinical and regulatory milestones financial
"subject to, the achievement of certain clinical and regulatory milestones set forth in the Performance Share Unit Award Agreement"
Clinical and regulatory milestones are the key steps a medical product must clear as it is tested on patients and reviewed by government health authorities, such as completing major clinical trials, filing safety and effectiveness data, or receiving marketing approval. Investors watch these checkpoints like milestones on a roadmap because each one sharply changes the odds that a product will reach patients and generate revenue, much like a car passing inspection before it can be sold.
FAQ
What insider transaction did Definium Therapeutics (DFTX) report for its CFO?
Definium Therapeutics reported that CFO Brandi Roberts received a grant of 62,500 common shares as part of a performance share unit award. The shares were granted at $0.00 per share and increase her direct holdings to 212,500 common shares after the transaction.