Forte Biosciences (FBRX) director granted 18,353 RSUs in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VINCENT RICHARD G reported acquisition or exercise transactions in this Form 4 filing.
Forte Biosciences, Inc. director Richard G. Vincent received a grant of 18,353 restricted stock units (RSUs), each representing a contingent right to one share of common stock. All RSUs will vest in full at the first annual stockholder meeting occurring after May 29, 2026, if he continues as a service provider.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
VINCENT RICHARD G
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 18,353 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 18,353 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of Forte Biosciences, Inc. (the "Issuer") Common Stock. Subject to the Reporting Person's continuing as a Service Provider (as defined in the 2021 Equity Incentive Plan) through such date, one hundred percent (100%) of the RSUs subject to the award will vest on the date of the first annual meeting of the stockholders that occurs after May 29, 2026.
Key Figures
RSUs granted: 18,353 units
Exercise price: $0.00 per unit
Holdings after grant: 18,353 RSUs
3 metrics
RSUs granted
18,353 units
Restricted Stock Units granted on May 29, 2026
Exercise price
$0.00 per unit
RSU grant to Richard G. Vincent
Holdings after grant
18,353 RSUs
Total restricted stock units following transaction
Key Terms
Restricted Stock Units, contingent right, Service Provider, 2021 Equity Incentive Plan
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive one share of Forte Biosciences, Inc. Common Stock"
Service Provider financial
"Subject to the Reporting Person's continuing as a Service Provider (as defined in the 2021 Equity Incentive Plan)"
2021 Equity Incentive Plan financial
"Service Provider (as defined in the 2021 Equity Incentive Plan) through such date"
FAQ
What insider transaction did Forte Biosciences (FBRX) report for Richard G. Vincent?
Forte Biosciences reported that director Richard G. Vincent received a grant of 18,353 restricted stock units. Each RSU represents a contingent right to one share of Forte Biosciences common stock, awarded as part of the company’s equity-based compensation.
How many Forte Biosciences (FBRX) RSUs were granted in this Form 4 filing?
The filing shows a grant of 18,353 restricted stock units to director Richard G. Vincent. These RSUs currently carry a zero-dollar exercise price and convert into an equal number of Forte Biosciences common shares when they vest, subject to service conditions.
When do Richard G. Vincent’s Forte Biosciences (FBRX) RSUs vest?
All 18,353 RSUs vest 100% on the date of the first annual meeting of stockholders occurring after May 29, 2026. Vesting requires that Richard G. Vincent continue as a service provider under the company’s 2021 Equity Incentive Plan through that meeting date.
What does each Forte Biosciences (FBRX) RSU represent in this grant?
Each restricted stock unit represents a contingent right to receive one share of Forte Biosciences common stock. The units do not require a purchase price; instead, they convert into shares if the vesting conditions and continued service requirements are satisfied under the plan.
Is this Forte Biosciences (FBRX) Form 4 a stock purchase or a compensation award?
This Form 4 reflects a compensation-related award, not a market purchase. Director Richard G. Vincent received 18,353 restricted stock units as a grant with a stated price of $0.00 per unit, subject to future vesting linked to continued service with Forte Biosciences.