[Form 4] Definium Therapeutics, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wiley Matthew T. reported acquisition or exercise transactions in this Form 4 filing.
Definium Therapeutics, Inc. reported that Chief Commercial Officer Matthew T. Wiley received an award of 62,500 common shares at no purchase price as part of his equity compensation. After this grant, he directly holds 177,500 common shares.
According to the footnote, these shares represent the first tranche of performance share units granted effective March 17, 2025. They remain subject to vesting based on his continued employment through March 17, 2028 and achievement of specified clinical and regulatory milestones under the Performance Share Unit Award Agreement.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wiley Matthew T.
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 62,500 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 177,500 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 62,500 shares
Grant price: $0.00 per share
Shares held after: 177,500 shares
+2 more
5 metrics
Shares granted
62,500 shares
Grant of common shares as equity award
Grant price
$0.00 per share
Reported transaction price for awarded shares
Shares held after
177,500 shares
Total direct common shares after grant
Grant effective date
March 17, 2025
Effective date of performance share unit grant
Vesting end date
March 17, 2028
Continued employment required through this date
Key Terms
performance share units, contingent right, clinical and regulatory milestones, Performance Share Unit Award Agreement
4 terms
contingent right financial
"Each performance share unit represented a contingent right to receive one common share"
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.