Exact Sciences (EXAS) grants SVP Herriott 20,321 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Herriott James reported acquisition or exercise transactions in this Form 4 filing.
Exact Sciences Corp reported that SVP, General Counsel & Secretary James Herriott received a grant of 20,321 restricted stock units (RSUs) on February 25, 2026. Each RSU represents a contingent right to receive one share of common stock and carries no purchase price.
These RSUs vest in four equal annual installments beginning on February 25, 2027. After this award, Herriott holds a total of 69,577 shares of common stock (including shares held directly and in a 401(k) plan), and in addition holds an aggregate of 23,975 vested and unvested options and restricted stock units tied to Exact Sciences common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Herriott James
Role
SVP, General Counsel & Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 20,321 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 20,321 shares (Direct);
Common Stock — 67,815 shares (Direct);
Common Stock — 1,762 shares (Indirect, Held in 401(k) Plan)
Footnotes (1)
- In addition to the shares of Common Stock reported on this Form 4, which total 69,577 shares, Mr. Herriott also holds, in the aggregate, an additional 23,975 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) disclose in this Form 4 filing?
Exact Sciences reported a stock-based compensation award to executive James Herriott. He received restricted stock units and now holds common shares plus additional options and RSUs tied to Exact Sciences common stock.
How many restricted stock units were granted to James Herriott at Exact Sciences (EXAS)?
James Herriott was granted 20,321 restricted stock units. Each unit represents a contingent right to receive one share of Exact Sciences common stock, reflecting stock-based compensation rather than a cash purchase on the grant date.
What is the vesting schedule for James Herriott’s new RSUs at Exact Sciences (EXAS)?
The 20,321 restricted stock units vest in four equal annual installments. Vesting begins on February 25, 2027, meaning one-quarter of the award will vest on that date and annually thereafter, subject to applicable award terms.
What additional equity awards does James Herriott hold in Exact Sciences (EXAS)?
Besides his common shares, James Herriott holds an aggregate of 23,975 vested and unvested options and restricted stock units. Each restricted stock unit corresponds to a contingent right to receive one share of Exact Sciences common stock.
Does the Form 4 show any Exact Sciences (EXAS) stock sales by James Herriott?
The filing reports an acquisition of restricted stock units, not open-market stock sales. It lists his resulting holdings in common shares and additional options and RSUs, without disclosing any sale transactions in this report.