Halozyme (NASDAQ: HALO) CFO awarded new performance stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Halozyme Therapeutics executive Nicole LaBrosse, SVP and Chief Financial Officer, reported new equity awards tied to prior performance-based grants. On February 9, 2026, she acquired 5,167, 7,448, and 29,502 performance stock units at $0 per unit, each representing a contingent right to one share of common stock.
The units reflect the company’s determination of how many stock units became eligible to vest based on performance periods ending December 31, 2025 for PSU awards originally granted in 2023, 2024, and 2025. These awards remain subject to continued service through the third anniversary of each original grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
LaBrosse Nicole
Role
SVP, CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 5,167 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 7,448 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 29,502 | $0.00 | -- |
Holdings After Transaction:
Performance Stock Units — 13,351 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The Issuer awarded the reporting person performance-based vesting stock units ("PSUs") on February 16, 2023 that included a performance measurement period ending December 31, 2025. This transaction represents the Issuer's determination of the number of stock units that became eligible to vest based on performance for such performance period. The stock units remain subject to a service-based requirement through the third anniversary of the PSU grant date. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The Issuer awarded the reporting person performance-based vesting stock units ("PSUs") on February 23, 2024 that included a performance measurement period ending December 31, 2025. This transaction represents the Issuer's determination of the number of stock units that became eligible to vest based on performance for such performance period. The stock units remain subject to a service-based requirement through the third anniversary of the PSU grant date. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The Issuer awarded the reporting person performance-based vesting stock units ("PSUs") on February 20, 2025 that included a performance measurement period ending December 31, 2025. This transaction represents the Issuer's determination of the number of stock units that became eligible to vest based on performance for such performance period. The stock units remain subject to a service-based requirement through the third anniversary of the PSU grant date.
FAQ
What insider transaction did Halozyme (HALO) report for Nicole LaBrosse?
Halozyme reported that CFO Nicole LaBrosse acquired performance stock units on February 9, 2026. The awards are equity compensation, not open-market purchases, and reflect shares that became eligible to vest based on performance through December 31, 2025, subject to continued service.
How many performance stock units did the Halozyme CFO receive in this Form 4?
The CFO received three blocks of performance stock units: 5,167, 7,448, and 29,502 units. Each unit represents a contingent right to one share of Halozyme common stock, with actual vesting dependent on satisfying ongoing service-based requirements after the performance period.
What is the transaction code used in Halozyme CFO Nicole LaBrosse’s Form 4?
The Form 4 uses transaction code “A”, indicating a grant, award, or other acquisition of derivative securities. These performance stock units are part of the company’s equity compensation program rather than market trades, and were awarded at a stated price of $0 per unit.
Are the performance stock units for Halozyme (HALO) CFO fully vested now?
No, the units are not fully vested. The company determined how many units became eligible based on performance through December 31, 2025, but they remain subject to a service-based requirement through the third anniversary of each original performance stock unit grant date.
What performance periods apply to the Halozyme CFO’s reported performance stock units?
The footnotes state that the units relate to PSU awards originally granted on February 16, 2023, February 23, 2024, and February 20, 2025. Each award used a performance measurement period ending December 31, 2025 to determine how many stock units became eligible to vest.
Does the Halozyme CFO’s Form 4 indicate direct or indirect ownership of these units?
The filing shows the performance stock units as directly owned. The ownership code is listed as “D” for direct, and there is no separate entity or indirect nature-of-ownership disclosure associated with these particular derivative securities in the provided data.