GOSS: CEO Hasnain Faheem Receives 437,500 Performance Units, Vesting on NDA Approval
Rhea-AI Filing Summary
Hasnain Faheem, President & CEO and a director of Gossamer Bio, Inc. (GOSS), reported a non‑derivative acquisition dated 10/01/2025 of 437,500 performance stock units at a reported price of $0. After the award, the filing shows 557,793 shares beneficially owned directly and 5,408,073 shares beneficially owned indirectly through a family trust. The performance stock units will vest in full upon the earlier of the approval of a new drug application for seralutinib or a change in control, in either case on or before the fourth anniversary of the grant date, and are subject to the reporting person’s continuous service to the issuer. The Form 4 was signed on 10/02/2025 by an attorney‑in‑fact.
Positive
- 437,500 performance stock units granted to the CEO on 10/01/2025
- Post‑grant beneficial ownership increased to 557,793 direct and 5,408,073 indirect shares
- Vesting tied to concrete milestones: NDA approval for seralutinib or a change in control (within four years)
Negative
- None.
Insights
Insider award increases CEO's direct and indirect holdings and ties vesting to an NDA approval or change in control.
The filing shows a 437,500 performance stock unit grant to Hasnain Faheem dated 10/01/2025, recorded at $0. Following the grant, reported beneficial ownership is 557,793 shares direct and 5,408,073 shares indirect via a family trust.
The award's vesting is explicitly conditioned on the earlier of approval of an NDA for seralutinib or a change in control, each occurring on or before the fourth anniversary of the grant date, and requires continuous service. Monitor the NDA approval milestone or any announced change in control as clear vesting triggers.