Director Ross Fubini receives 25,000 RSUs at Ginkgo Bioworks (NYSE: DNA)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ginkgo Bioworks Holdings, Inc. reported that director Ross Fubini received a grant of 25,000 Restricted Stock Units on June 11, 2026. Each RSU represents a contingent right to one share of Class A common stock, with no cash exercise price.
The RSUs vest on the earlier of June 11, 2027 or the day immediately before the next annual meeting after the grant date, subject to Fubini continuing to serve as a non-employee director through the vesting date. Following this award, his directly held RSUs from this grant total 25,000 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fubini Ross
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 25,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 25,000 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. In accordance with the Issuer's Amended and Restated Non-Employee Director Compensation Program, which became effective on June 11, 2026, the RSUs shall vest on the earlier of June 11, 2027 or the day immediately prior to the date of the next Annual Meeting occurring after the date of grant, in either case, subject to the Reporting Person continuing in service as a Non-Employee Director through such vesting date.
Key Figures
RSUs granted: 25,000 units
Exercise price: $0.00 per RSU
Underlying shares: 25,000 shares
+2 more
5 metrics
RSUs granted
25,000 units
Grant to director Ross Fubini on June 11, 2026
Exercise price
$0.00 per RSU
Restricted Stock Units have no cash exercise price
Underlying shares
25,000 shares
Each RSU converts into one share of Class A common stock
Vesting date latest
June 11, 2027
Vests on this date or earlier if before next annual meeting
Holdings after grant
25,000 RSUs
Total RSUs from this award following the transaction
Key Terms
Restricted Stock Units, Class A Common Stock, Non-Employee Director Compensation Program, vest
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"receive one share of the Issuer's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Non-Employee Director Compensation Program financial
"Issuer's Amended and Restated Non-Employee Director Compensation Program"
vest financial
"the RSUs shall vest on the earlier of June 11, 2027 or the day immediately prior"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Ginkgo Bioworks (DNA) disclose for Ross Fubini?
Ginkgo Bioworks disclosed that director Ross Fubini received a grant of 25,000 Restricted Stock Units on June 11, 2026. These units are part of the company’s non-employee director compensation and convert into Class A common shares when they vest, subject to service conditions.
How many RSUs did Ross Fubini receive from Ginkgo Bioworks (DNA)?
Ross Fubini received 25,000 Restricted Stock Units from Ginkgo Bioworks. Each RSU represents a contingent right to one share of Class A common stock, providing equity-based compensation instead of cash, subject to vesting conditions tied to his continued board service.
When do Ross Fubini’s Ginkgo Bioworks (DNA) RSUs vest?
The RSUs vest on the earlier of June 11, 2027 or the day immediately before the next annual meeting after the grant date. Vesting is contingent on Fubini continuing to serve as a non-employee director through that vesting date under the company’s compensation program.
What does each Ginkgo Bioworks (DNA) RSU granted to Ross Fubini represent?
Each Restricted Stock Unit granted to Ross Fubini represents a contingent right to receive one share of Ginkgo Bioworks’ Class A common stock. No exercise price is required; shares are delivered if and when the RSUs vest under the specified service-based conditions.
Is Ross Fubini’s RSU grant at Ginkgo Bioworks (DNA) a purchase or a compensation award?
The 25,000 RSUs granted to Ross Fubini are a compensation award, not an open-market purchase. They were issued under Ginkgo Bioworks’ Amended and Restated Non-Employee Director Compensation Program, providing equity incentives instead of cash, subject to time-based vesting requirements.