Forte Biosciences (FBRX) director awarded 18,353 RSUs vesting after 2026 meeting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GRYSKA DAVID W reported acquisition or exercise transactions in this Form 4 filing.
Forte Biosciences, Inc. director David W. Gryska received a grant of 18,353 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Forte Biosciences common stock.
The RSUs will fully vest in a single installment on the date of the first annual meeting of stockholders that occurs after May 29, 2026, as long as Gryska continues to serve as a Service Provider under the company’s 2021 Equity Incentive Plan. Following this award, he directly holds 18,353 RSUs, with no open-market purchases or sales reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GRYSKA DAVID W
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
Underlying common shares: 18,353 shares
Exercise price: $0.00 per unit
+1 more
4 metrics
RSUs granted
18,353 units
Grant to director David W. Gryska on May 29, 2026
Underlying common shares
18,353 shares
Common stock issuable upon RSU vesting
Exercise price
$0.00 per unit
RSU grant has no exercise price
Holdings after transaction
18,353 RSUs
Total RSUs held directly following the award
Key Terms
Restricted Stock Units, Service Provider, 2021 Equity Incentive Plan
3 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.
Service Provider financial
"Subject to the Reporting Person's continuing as a Service Provider through such date"
2021 Equity Incentive Plan financial
"as defined in the 2021 Equity Incentive Plan"
FAQ
What insider transaction did Forte Biosciences (FBRX) report for David W. Gryska?
Forte Biosciences reported that director David W. Gryska received 18,353 restricted stock units. These RSUs are a form of equity compensation and each unit represents a contingent right to receive one share of Forte Biosciences common stock, subject to vesting conditions.
How many restricted stock units did FBRX grant to director David W. Gryska?
Forte Biosciences granted David W. Gryska 18,353 restricted stock units. This entire amount is tied to future vesting and represents potential shares of common stock, rather than immediate ownership, aligning his compensation with the company’s equity over time.
When do David W. Gryska’s RSUs at Forte Biosciences (FBRX) vest?
All of David W. Gryska’s RSUs vest on the date of the first annual meeting of stockholders after May 29, 2026. Vesting requires that he continues as a Service Provider under Forte Biosciences’ 2021 Equity Incentive Plan through that meeting date.
Does the Forte Biosciences (FBRX) Form 4 show any stock sales or purchases by David W. Gryska?
The Form 4 shows no open-market stock sales or purchases by David W. Gryska. It only reports an acquisition of 18,353 restricted stock units as a grant or award, with no cash transaction price and no dispositions disclosed.
What does each RSU granted to David W. Gryska by Forte Biosciences (FBRX) represent?
Each restricted stock unit granted to David W. Gryska represents a contingent right to receive one share of Forte Biosciences common stock. The units convert into shares only upon vesting, assuming he satisfies the service-based vesting condition specified in the award.
Under which plan were the Forte Biosciences (FBRX) RSUs to David W. Gryska granted?
The RSUs were granted under Forte Biosciences’ 2021 Equity Incentive Plan. Vesting is conditioned on Gryska continuing as a Service Provider, as that term is defined in the plan, through the first annual stockholder meeting occurring after May 29, 2026.