Geron CFO reports option grant, tax share sale
Geron Corporation executive Michelle Robertson, EVP and Chief Financial Officer, reported several equity transactions.
Rhea-AI Filing Summary
Geron Corporation executive Michelle Robertson, EVP and Chief Financial Officer, reported several equity transactions. On February 18, 2026, 27,500 restricted stock units vested and converted into the same number of common shares, with each RSU representing one share. On the same date, 9,855 common shares were sold at $1.94 per share solely to cover tax withholding obligations under a mandatory sell-to-cover policy, rather than as a discretionary sale. Separately, on February 17, 2026, she received a stock option grant for 1,660,000 shares, vesting in 48 equal monthly installments starting March 17, 2026, contingent on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 27,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 27,500 | $0.00 | $0.00 |
| Sale | Common Stock | 9,855 | $1.94 | $19K |
| Grant/Award | Stock Option (Right to Buy) | 1,660,000 | $0.00 | $0.00 |
Footnotes (5)
- F1. Shares of common stock acquired upon the vesting of restricted stock units ("RSUs").
- F2. Represents shares of common stock sold to cover tax withholding and remittance obligations in connection with the vesting of RSUs pursuant to mandatory "sell to cover" policies maintained by the Issuer and provisions contained in the Reporting Person's applicable RSU agreement, and does not represent a discretionary sale by the Reporting Person.
- F3. The option vests in 48 equal monthly installments commencing on March 17, 2026, provided that the Reporting Person provides continuous service to the Issuer on each such vesting date.
- F4. Each RSU represents the contingent right to receive one share of the Issuer's common stock.
- F5. The RSUs were granted on February 18, 2025 and vest in four consecutive equal annual installments from the date of grant, provided the Reporting Person continues to provide services to the Issuer through the applicable vesting date.
FAQ
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What insider transactions did Geron (GERN) report for CFO Michelle Robertson?
What stock option grant did Geron’s CFO receive in this Form 4?
How were Geron CFO’s restricted stock units treated in this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.