Director at Evolus (EOLS) awarded 45,559 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
White Albert G III reported acquisition or exercise transactions in this Form 4 filing.
Evolus, Inc. director Albert G. White III received an equity award of 45,559 shares of common stock in the form of restricted stock units (RSUs) on February 17, 2026. The award was granted at no cash cost per share and is a stock-based compensation grant, not an open-market purchase.
Each RSU represents a contingent right to receive one Evolus common share and will vest in full on “the one year anniversary of February 17, 2026,” if he remains in continuous service, with potential accelerated vesting upon certain changes of control. Following this grant, his reported direct holdings total 95,937 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
White Albert G III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 45,559 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 95,937 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Evolus (EOLS) report for Albert G. White III?
Evolus reported that director Albert G. White III received a grant of 45,559 restricted stock units. These RSUs are stock-based compensation, issued at no cash cost, and increase his reported direct holdings to 95,937 shares of Evolus common stock.
What are the vesting terms of the new Evolus (EOLS) RSU grant?
The 45,559 RSUs will vest in full on "the one year anniversary of February 17, 2026," if the director remains in continuous service. The award is also subject to accelerated vesting in certain events, including specified changes of control of Evolus.
Is the Evolus (EOLS) Form 4 transaction a stock purchase by the director?
No, the Form 4 transaction is a grant of restricted stock units, not an open-market stock purchase. The RSUs were awarded at a stated price of $0.0000 per share as equity compensation, contingent on future vesting conditions and continued service.
How did the RSU grant affect Albert G. White III’s Evolus (EOLS) holdings?
After receiving 45,559 RSUs, the director’s reported direct holdings increased to 95,937 shares of Evolus common stock. These holdings include the newly granted RSUs, which convert into shares only upon satisfying the stated vesting conditions and timelines.
What potential acceleration features apply to the Evolus (EOLS) RSUs?
The RSUs are subject to accelerated vesting in certain events, including upon specified changes of control of Evolus. This means the units could vest earlier than the one-year anniversary of February 17, 2026, if those defined corporate events occur.