Exozymes CCO converts 19,612 RSUs to shares
Rhea-AI Filing Summary
EXOZYMES INC. (EXOZ) reported that Chief Commercial Officer Damien Alan Perriman exercised restricted stock units into common shares. On August 19, 2026, he converted 19,612 RSUs into 19,612 shares of common stock from a January 14, 2026 grant of 62,759 RSUs. Following these transactions, he directly holds 28,499 common shares and 43,147 RSUs that continue to vest periodically.
Positive
- None.
Negative
- None.
Insider Trade Summary
19,612 shares exercised/converted
Exercise
2 txns
Insider
Perriman Damien Alan
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F2 | 19,612 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 19,612 | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 43,147 contracts (Direct);
Common Stock — 28,499 shares (Direct)
Footnotes (2)
- F1. The RSU convert on a one-for-one basis.
- F2. On January 14, 2026, the reporting person was granted an aggregate of 62,759 RSUs, vesting periodically. The first vesting was August 19, 2026, in the amount of 19,612 shares of common stock.
Key Figures
RSUs exercised: 19,612 RSUs
Common shares acquired: 19,612 shares
Common shares held after transaction: 28,499 shares
+2 more
5 metrics
RSUs exercised
19,612 RSUs
Converted into common stock on August 19, 2026
Common shares acquired
19,612 shares
Common stock received from RSU conversion on August 19, 2026
Common shares held after transaction
28,499 shares
Direct ownership of Damien Alan Perriman following the August 19, 2026 transactions
RSUs outstanding after transaction
43,147 RSUs
Remaining RSUs after 19,612 vested from the 62,759-unit grant
Total RSU grant
62,759 RSUs
RSUs granted to Damien Alan Perriman on January 14, 2026
Key Terms
Restricted Stock Unit, Exercise or conversion of derivative security, vesting
3 terms
Restricted Stock Unit financial
"The RSU convert on a one-for-one basis."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
vesting financial
"vesting periodically. The first vesting was August 19, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did EXOZ (EXOZYMES INC.) disclose for Damien Perriman?
The filing shows Damien Alan Perriman exercised 19,612 restricted stock units into 19,612 shares of common stock on August 19, 2026, as part of a previously granted RSU award.
How many restricted stock units remain for Damien Perriman at EXOZ (EXOZ)?
Following the August 19, 2026 vesting, Damien Alan Perriman has 43,147 restricted stock units (RSUs) remaining from his RSU award, as reported in the filing.
What was the size and date of Damien Perriman’s RSU grant at EXOZ?
On January 14, 2026, Damien Alan Perriman was granted an aggregate of 62,759 RSUs, vesting periodically. The first vesting occurred on August 19, 2026 for 19,612 shares of common stock.
Did the EXOZ Form 4 involve a market sale or purchase by Damien Perriman?
The Form 4 reports an exercise and conversion of RSUs into common stock, not an open-market sale or purchase. One transaction disposes of derivative RSUs while the other acquires the corresponding common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.