Forte Biosciences (FBRX) CFO nets shares from RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Forte Biosciences, Inc. chief financial officer Riley Antony reported compensation-related stock activity. On July 1, 2026, he exercised 375 Restricted Stock Units (RSUs), receiving the same number of Common Stock shares. To cover tax obligations, 134 Common Stock shares were disposed of via share withholding, not an open-market sale.
Following these transactions, Antony holds 42,734 Common Stock shares directly, according to the filing, which includes 377 shares acquired under the 2017 Employee Stock Purchase Plan. The activity reflects routine RSU vesting and tax withholding rather than discretionary buying or selling in the market.
Positive
- None.
Negative
- None.
Insider Trade Summary
375 shares exercised/converted
Mixed
3 txns
Insider
Riley Antony A
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 375 | $0.00 | -- |
| Exercise | Common Stock | 375 | $0.00 | -- |
| Tax Withholding | Common Stock | 134 | $21.32 | $3K |
Holdings After Transaction:
Restricted Stock Units — 750 shares (Direct, null);
Common Stock — 42,734 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. Includes 377 shares of Common Stock acquired July 1, 2026 under the Issuer's 2017 Employee Stock Purchase Plan. Subject to the Reporting Person continuing to be a Service Provider (as defined in the 2021 Equity Incentive Plan) through each applicable vesting date, one-sixteenth (1/16th) of the RSUs subject to the award shall vest on each Quarterly Vesting Date (as defined below) on or immediately following February 1, 2023. For purposes of this RSU Award, "Quarterly Vesting Date" with respect to any calendar year means January 1, April 1, July 1, and October 1.
Key Figures
RSUs exercised: 375 shares
Shares withheld for taxes: 134 shares
Post-transaction holdings: 42,734 shares
+2 more
5 metrics
RSUs exercised
375 shares
RSUs converted to Common Stock on July 1, 2026
Shares withheld for taxes
134 shares
Tax-withholding disposition of Common Stock on July 1, 2026
Post-transaction holdings
42,734 shares
Common Stock directly owned after reported transactions
ESPP acquisition
377 shares
Common Stock acquired under 2017 Employee Stock Purchase Plan on July 1, 2026
RSU vesting schedule
1/16 per quarter
RSUs vest each Quarterly Vesting Date starting February 1, 2023
Key Terms
Restricted Stock Units, 2017 Employee Stock Purchase Plan, 2021 Equity Incentive Plan, Quarterly Vesting Date
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of Forte Biosciences, Inc. Common Stock."
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.
2017 Employee Stock Purchase Plan financial
"Includes 377 shares of Common Stock acquired July 1, 2026 under the Issuer's 2017 Employee Stock Purchase Plan."
2021 Equity Incentive Plan financial
"Subject to the Reporting Person continuing to be a Service Provider (as defined in the 2021 Equity Incentive Plan) through each applicable vesting date..."
Quarterly Vesting Date financial
"For purposes of this RSU Award, "Quarterly Vesting Date" with respect to any calendar year means January 1, April 1, July 1, and October 1."