EyePoint (EYPT) CFO reports RSU vesting and tax withholding
Rhea-AI Filing Summary
EyePoint, Inc.’s Chief Financial Officer, Elston George, reported equity compensation activity involving restricted stock units and common shares. On January 6, 2026, 15,285 restricted stock units converted into 15,285 shares of common stock at an exercise price of $0.00, increasing his directly held common shares before withholding to 96,339.
On the same date, 4,487 of those common shares were withheld by the issuer at $16.86 per share to satisfy tax withholding obligations, rather than being sold in the market, leaving 91,852 common shares held directly. An additional 25,000 common shares are reported as held indirectly in a family trust for the benefit of his children, with the trust company as trustee and George disclaiming beneficial ownership of those securities.
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FAQ
What insider transaction did EyePoint (EYPT) report for its CFO?
EyePoint, Inc. reported that Chief Financial Officer Elston George had 15,285 restricted stock units convert into 15,285 shares of common stock on January 6, 2026, at an exercise price of $0.00 per share.
Were any EyePoint (EYPT) shares sold by the CFO in this Form 4?
No market sale occurred. The filing explains that 4,487 common shares were withheld by the issuer at $16.86 per share solely to satisfy tax withholding requirements related to the vesting of restricted stock units.
How many EyePoint (EYPT) shares does the CFO hold directly after the reported transactions?
After the reported equity compensation activity and tax share withholding, Chief Financial Officer Elston George directly holds 91,852 shares of common stock.
What is the status of EyePoint (EYPT) shares held through the family trust?
The Form 4 reports 25,000 common shares held indirectly in a family trust for the benefit of the reporting person’s children, with JP Morgan Trust Company of Delaware as trustee. The reporting person disclaims beneficial ownership of these securities.
How do the restricted stock units for EyePoint (EYPT) CFO vest?
The filing states that the reported restricted stock units vest in three ratable annual installments beginning on January 6, 2024, with the January 6, 2026 amount reflecting one of these installments.
What do the transaction codes M and F mean in this EyePoint (EYPT) Form 4?
Code M reflects the conversion of restricted stock units into common stock at an exercise price of $0.00, while code F indicates that shares were withheld by the issuer to cover tax obligations related to the vesting, rather than sold in the open market.