Entera Bio (ENTX) awards 87,591 RSUs to Chief of R&D Burshtein
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Burshtein Gregory reported acquisition or exercise transactions in this Form 4 filing.
Entera Bio Ltd. reported that its Chief of R&D, Gregory Burshtein, received an equity grant rather than cash. He was awarded 87,591 ordinary shares in the form of stock-settled restricted stock units, approved by the Board on May 7, 2026, in lieu of a cash bonus.
The restricted stock units vest ratably on a quarterly basis over one year, beginning May 1, 2026. After this grant, Burshtein directly owns 189,033 ordinary shares, reflecting routine, compensation-related equity that does not involve any open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Burshtein Gregory
Role
Chief of R&D
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares, par value NIS 0.0000769 per share | 87,591 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares, par value NIS 0.0000769 per share — 189,033 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 87,591 shares
Shares owned after grant: 189,033 shares
Vesting schedule length: 1 year
+3 more
6 metrics
RSUs granted
87,591 shares
Stock-settled restricted stock units granted in lieu of cash bonus
Shares owned after grant
189,033 shares
Total ordinary shares directly owned by Burshtein after transaction
Vesting schedule length
1 year
Restricted stock units vest ratably on a quarterly basis
Vesting start date
May 1, 2026
Beginning of quarterly vesting period for RSUs
Board approval date
May 7, 2026
Date Board of Directors approved the restricted stock unit grant
Transaction price per share
$0.0000
Form 4 shows no cash price for the RSU grant
Key Terms
restricted stock units, stock-settled, Board of Directors, cash bonus, +1 more
5 terms
restricted stock units financial
"Represent a grant of stock-settled restricted stock units."
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.
stock-settled financial
"Represent a grant of stock-settled restricted stock units."
Board of Directors financial
"This grant ... was approved by the Board of Directors (the "Board")"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
cash bonus financial
"awarded to the Reporting Person in lieu of a cash bonus"
vest ratably financial
"The restricted stock units vest ratably on a quarterly basis"
FAQ
What insider transaction did Entera Bio (ENTX) report for Gregory Burshtein?
Entera Bio reported an equity grant to Chief of R&D Gregory Burshtein. He received 87,591 stock-settled restricted stock units as compensation. The award replaced a cash bonus and increases his direct holdings to 189,033 ordinary shares, without any open-market share purchases or sales.
How do the Entera Bio (ENTX) restricted stock units vest for the Chief of R&D?
The restricted stock units vest quarterly over one year, starting May 1, 2026. This means a portion of the 87,591 stock-settled units becomes share-deliverable each quarter, aligning Burshtein’s compensation more closely with Entera Bio’s share performance during that period.
Was the Entera Bio (ENTX) grant to Gregory Burshtein a cash transaction?
No, the grant replaced a cash bonus. The Board approved stock-settled restricted stock units instead of paying a cash bonus Burshtein was otherwise entitled to. This shifts compensation into equity, but does not involve any open-market cash purchase or sale of shares.