Esperion Therapeutics (ESPR) CFO receives major equity grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Esperion Therapeutics Chief Financial Officer Benjamin Halladay reported equity awards. He received a grant of 221,270 stock options to buy Common Stock at an exercise price of $2.44 per share, expiring on March 13, 2036. He was also granted 247,430 shares of Common Stock, bringing his direct holdings to 720,026 shares. The option award will vest over four years in equal quarterly installments, starting on June 15, 2026. Halladay’s reported holdings include 5,071 shares recently acquired through Esperion’s Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Halladay Benjamin
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 221,270 | $0.00 | -- |
| Grant/Award | Common Stock | 247,430 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 221,270 shares (Direct);
Common Stock — 720,026 shares (Direct)
Footnotes (1)
- Such award will vest over a four (4) year period in equal quarterly installments, the first of which will be June 15, 2026. Includes 5,071 shares recently acquired in Esperion's Employee Stock Purchase Plan.
FAQ
What did Esperion Therapeutics (ESPR) CFO Benjamin Halladay report on this Form 4?
Esperion’s CFO Benjamin Halladay reported receiving equity compensation awards, including stock options and Common Stock. These awards increase his direct ownership in Esperion and are structured as grants rather than open-market purchases or sales.
How many stock options did ESPR CFO Benjamin Halladay receive?
Benjamin Halladay received 221,270 stock options, each giving the right to buy one share of Esperion Common Stock. The options have an exercise price of $2.44 per share and an expiration date of March 13, 2036, forming a long-term incentive grant.
What is the vesting schedule for Benjamin Halladay’s Esperion stock option grant?
The stock option award will vest over four years in equal quarterly installments. The first vesting date is June 15, 2026, meaning portions of the 221,270 options become exercisable every quarter across the four-year period.
What is the exercise price and expiration date of the ESPR CFO’s options?
The options have an exercise price of $2.44 per share, allowing purchase of Esperion Common Stock at that price. They expire on March 13, 2036, providing a long window during which Halladay can choose to exercise vested options.