Exact Sciences (NASDAQ: EXAS) EVP receives 38,707 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ORVILLE JACOB A reported acquisition or exercise transactions in this Form 4 filing.
EXACT SCIENCES CORP EVP Jacob A. Orville received an equity award of 38,707 restricted stock units on February 25, 2026. Each restricted stock unit represents a contingent right to receive one share of common stock and vests in four equal annual installments beginning on February 25, 2027.
After this grant, Mr. Orville directly holds 100,403 shares of common stock and indirectly holds 1,759 shares through a 401(k) plan, for a total of 102,162 shares reported. He also holds, in the aggregate, an additional 45,288 vested and unvested options and restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
ORVILLE JACOB A
Role
EVP, GM, Screening
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 38,707 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 38,707 shares (Direct);
Common Stock — 100,403 shares (Direct);
Common Stock — 1,759 shares (Indirect, Held in 401(k) Plan)
Footnotes (1)
- In addition to the shares of Common Stock reported on this Form 4, which total 102,162 shares, Mr. Orville also holds, in the aggregate, an additional 45,288 vested and unvested options to purchase shares of Common Stock and restricted stock units, with each restricted stock unit representing a contingent right to receive one share of Common Stock. Each restricted stock unit represents a contingent right to receive one share of common stock. These restricted stock units vest in four equal annual installments beginning on February 25, 2027.
FAQ
What did EXACT SCIENCES (EXAS) EVP Jacob Orville report on this Form 4?
Jacob A. Orville reported receiving an award of 38,707 restricted stock units on February 25, 2026. These units represent a contingent right to receive common shares, adding to his existing stock, option, and restricted stock unit holdings in EXACT SCIENCES CORP.
How many restricted stock units did EXAS grant to Jacob Orville?
EXACT SCIENCES granted Jacob Orville 38,707 restricted stock units at a stated price of $0 per unit. Each unit represents a potential future share of common stock, subject to vesting conditions over time according to the award’s schedule.
What is the vesting schedule for Jacob Orville’s new EXAS restricted stock units?
The 38,707 restricted stock units vest in four equal annual installments beginning on February 25, 2027. This means portions of the award become deliverable each year, aligning long‑term compensation with ongoing service and company performance over multiple years.
Does Jacob Orville hold other EXAS equity awards besides the new RSUs?
Yes. In addition to the 102,162 EXAS shares reported, he also holds an aggregate 45,288 vested and unvested options and restricted stock units. Each restricted stock unit represents a contingent right to receive one share of EXACT SCIENCES common stock in the future.