Director at Evolus (EOLS) receives 45,559 RSUs in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Malik Vikram reported acquisition or exercise transactions in this Form 4 filing.
Evolus, Inc. director Vikram Malik reported an equity award of 45,559 shares of common stock in the form of restricted stock units (RSUs). Each RSU represents the right to receive one share of Evolus common stock for no cash payment.
The RSUs will vest in full on the one year anniversary of February 17, 2026, as long as Malik remains in continuous service, with accelerated vesting possible in certain change-of-control or similar events. After this grant, Malik beneficially owns 321,109 shares of Evolus common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Malik Vikram
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 45,559 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 321,109 shares (Direct)
Footnotes (1)
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FAQ
What did Evolus (EOLS) director Vikram Malik report in this Form 4?
Vikram Malik reported receiving an award of 45,559 restricted stock units of Evolus common stock. These RSUs are part of his director compensation and increase his beneficial ownership to 321,109 shares once fully settled, aligning his interests with shareholders.
Is the Evolus (EOLS) Form 4 transaction a purchase or an award?
The Form 4 shows an award, not an open-market purchase. Malik received 45,559 RSUs at a stated price of $0.00 per share, reflecting equity compensation granted by Evolus rather than shares bought on the market.
When do Vikram Malik’s new Evolus (EOLS) RSUs vest?
The 45,559 RSUs granted to Vikram Malik will vest in full on the one year anniversary of February 17, 2026, provided he remains in continuous service. The award is also subject to accelerated vesting upon certain change-of-control or similar events.
What is a restricted stock unit (RSU) in the Evolus (EOLS) Form 4?
A restricted stock unit is a contingent right to receive a share of common stock at vesting. Malik’s 45,559 RSUs each convert into one Evolus share if vesting conditions, including continued service, are satisfied, with potential acceleration in certain change-of-control events.