EXACT Sciences (EXAS) HR EVP awarded 23,224 RSUs in new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Condella Sarah reported acquisition or exercise transactions in this Form 4 filing.
EXACT Sciences executive Sarah Condella received an equity award in the form of restricted stock units. On February 25, 2026, the EVP of Human Resources was granted 23,224 restricted stock units at a price of $0.00 per unit.
Each restricted stock unit represents a contingent right to receive one share of common stock and will vest in four equal annual installments beginning on February 25, 2027. After this award, she holds 135,489 shares of common stock (including 129,134 shares held directly and 6,355 shares held indirectly in a 401(k) plan), and in addition holds 75,143 vested and unvested options and restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Condella Sarah
Role
EVP, Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 23,224 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 23,224 shares (Direct);
Common Stock — 129,134 shares (Direct);
Common Stock — 6,355 shares (Indirect, Held in 401(k) Plan)
Footnotes (1)
- In addition to the shares of Common Stock reported on this Form 4, which total 135,489 shares, Ms. Condella also holds, in the aggregate, an additional 75,143 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 equity award did Sarah Condella receive at EXACT Sciences (EXAS)?
Sarah Condella received a grant of 23,224 restricted stock units. Each unit is a contingent right to one share of EXACT Sciences common stock, vesting over four years starting February 25, 2027, as part of her executive compensation package.
When do Sarah Condella’s new restricted stock units at EXAS vest?
The restricted stock units vest in four equal annual installments beginning on February 25, 2027. This means the award is spread over four years, aligning her compensation with longer-term company performance and ongoing employment at EXACT Sciences.
Was the Form 4 for EXAS a purchase or sale by Sarah Condella?
The Form 4 reports an acquisition through a grant of 23,224 restricted stock units, not an open-market purchase or sale. There are no reported buy or sell transactions; it reflects an equity award as part of executive compensation.
How is Sarah Condella’s indirect ownership in EXAS structured?
A portion of Sarah Condella’s EXACT Sciences common stock is held indirectly through a 401(k) plan. The filing reports 6,355 shares of common stock held in this retirement plan, in addition to her larger directly held share position.