eHealth Director Receives $1.2M Stock Grant in Annual Board Compensation
eHealth (EHTH) Director Andrea C. Brimmer received a significant equity grant on June 17, 2025, consisting of 34,574 restricted stock units (RSUs) as part of the company's annual non-employee director compensation program.
Rhea-AI Filing Summary
eHealth (EHTH) Director Andrea C. Brimmer received a significant equity grant on June 17, 2025, consisting of 34,574 restricted stock units (RSUs) as part of the company's annual non-employee director compensation program. Following this transaction, Brimmer's total direct holdings increased to 118,481 shares.
Key terms of the RSU grant:
- RSUs vest quarterly over one year in four equal installments starting June 17, 2025
- Accelerated vesting triggers include: - Day before next annual stockholder meeting - Change in control event
- Vesting contingent on continued service as defined in 2024 Equity Incentive Plan
- Each RSU converts to one common share upon vesting
- Grant price recorded at $0
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 34,574 shares
Grant/Award
1 txn
Insider
Brimmer Andrea C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 34,574 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 118,481 shares (Direct)
Footnotes (1)
- F1. This represents an annual award of restricted stock units ("RSUs") to the Issuer's non-employee directors. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. The RSUs vest in four equal quarterly installments from the vesting commencement date of June 17, 2025, subject to the individual's continued status as a Service Provider (as defined in the Issuer's 2024 Equity Incentive Plan (the "Plan")) through the applicable vesting date; provided, however, that any then-unvested RSUs shall vest in full (i) on the day immediately prior to the date of the Issuer's next annual stockholder meeting or (ii) if the Issuer is subject to a Change in Control (as defined in the Plan), subject in each case to the individual's continued status as a Service Provider through such vesting date.
FAQ
What is the vesting schedule for EHTH Director Brimmer's RSU grant?
The RSUs vest in four equal quarterly installments starting from June 17, 2025. However, any unvested RSUs will fully vest either (1) the day before the next annual stockholder meeting or (2) if there's a Change in Control, subject to continued service as a board member.
What was the purchase price of EHTH RSUs granted to Director Brimmer?
The RSUs were granted to Director Brimmer at $0 cost, as they were part of the non-employee director compensation package under eHealth's 2024 Equity Incentive Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.