[Form 4] Gossamer Bio, Inc. Insider Trading Activity
Gossamer Bio, Inc. (GOSS) Chief Operating and Financial Officer Bryan Giraudo reported an award of 181,250 performance stock units on 10/01/2025. The award is a non‑cash grant that will vest in full upon the earlier of: approval of a new drug application for seralutinib or a change in control, provided vesting occurs on or before the fourth anniversary of the grant and the reporting person remains in continuous service. Following the reported grant, Mr. Giraudo beneficially owns 273,987 shares directly and 480,010 shares indirectly through a family trust, for combined reported beneficial ownership disclosed on the form.
- 181,250 performance stock units granted to align executive incentives with seralutinib approval
- Reporting person holds 273,987 shares directly and 480,010 indirectly, indicating significant insider stake
- None.
Insights
Insider received performance-based equity tied to a regulatory milestone.
The award of 181,250 performance stock units vests only on the earlier of seralutinib new drug application approval or a change in control, with a four‑year outer vesting limit and a continuous service requirement. This structure aligns executive compensation with a specific regulatory outcome rather than time‑based tenure.
The filing names Mr. Bryan Giraudo as COO/CFO and shows direct ownership of 273,987 shares and indirect ownership of 480,010 shares, reflecting his reported economic exposure to the company.
Grant is a performance stock unit conditioned on a product approval or change in control.
The instrument is a performance stock unit award granted on 10/01/2025 with no cash price paid, per the form. Vesting is binary and event‑driven, tying potential dilution to a single material milestone: NDA approval of seralutinib or change in control within four years.