Terrestrial Energy (IMSR) CFO receives new RSU and stock option grants
Rhea-AI Filing Summary
Thrasher Brian Patrick reported acquisition or exercise transactions in this Form 4 filing.
Terrestrial Energy Inc. Chief Financial Officer Brian Patrick Thrasher received new equity awards as part of his compensation. He was granted 49,917 restricted stock units, each representing a contingent right to one share of common stock, and 58,236 stock options to buy common shares at $6.34 per share.
The restricted stock units and options were granted under the Terrestrial Energy Inc. 2025 Equity Incentive Plan. Both awards vest in one-third increments on each of the first, second, and third anniversaries of the grant date, conditioned on his continued service with the company. No open-market purchases or sales were reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Thrasher Brian Patrick
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 49,917 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) | 58,236 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 49,917 shares (Direct);
Stock Option (Right to Buy) — 58,236 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to acquire one share of Common Stock.
- F2. Consists of restricted stock units granted pursuant to the Terrestrial Energy Inc. 2025 Equity Incentive Plan. The restricted stock units vest in one-third increments on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued service through each applicable vesting date.
- F3. Consists of options granted pursuant to the Terrestrial Energy Inc. 2025 Equity Incentive Plan. The options vest in one-third increments on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued service through each applicable vesting date.
Key Figures
RSU grant: 49,917 units
Option grant: 58,236 options
Option exercise price: $6.34 per share
+3 more
6 metrics
RSU grant
49,917 units
Restricted stock units granted to CFO; 1 RSU per common share
Option grant
58,236 options
Stock options granted to CFO on common stock
Option exercise price
$6.34 per share
Strike price for 58,236 stock options
Option expiration
2036-04-12
Expiration date of stock options granted
RSUs after transaction
49,917 units
Total restricted stock units held following grant
Options after transaction
58,236 options
Total options held following grant
Key Terms
Restricted Stock Units, Stock Option (Right to Buy, 2025 Equity Incentive Plan, vesting
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to acquire one share of 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.
Stock Option (Right to Buy financial
"Consists of options granted pursuant to the Terrestrial Energy Inc. 2025 Equity Incentive Plan."
2025 Equity Incentive Plan financial
"Consists of restricted stock units granted pursuant to the Terrestrial Energy Inc. 2025 Equity Incentive Plan."
vesting financial
"The restricted stock units vest in one-third increments on each of the first, second and third anniversaries of the grant date."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did Terrestrial Energy (IMSR) CFO Brian Thrasher receive?
Brian Patrick Thrasher received 49,917 restricted stock units and 58,236 stock options. The options allow him to buy common shares at $6.34 each, reflecting a compensation grant rather than an open-market share purchase or sale.
Are the new IMSR CFO equity awards from a company incentive plan?
Yes. Both the 49,917 restricted stock units and 58,236 stock options were granted under the Terrestrial Energy Inc. 2025 Equity Incentive Plan, aligning the Chief Financial Officer’s compensation with shareholder interests through stock-based incentives over time.
How do Brian Thrasher’s Terrestrial Energy (IMSR) RSUs vest?
The 49,917 restricted stock units vest in three equal installments. One-third vests on each of the first, second, and third anniversaries of the grant date, provided Brian Thrasher continues to serve the company through each applicable vesting date.
What are the terms of the IMSR stock options granted to the CFO?
The 58,236 stock options have a $6.34 exercise price and expire in 2036. They vest in one-third increments on each of the first, second, and third anniversaries of the grant date, contingent on Brian Thrasher’s continued service with Terrestrial Energy Inc.
How many Terrestrial Energy (IMSR) RSUs and options does the CFO hold after these grants?
After the grants, Brian Thrasher holds 49,917 restricted stock units and 58,236 stock options related to common stock. These positions reflect the new awards reported and are subject to the stated vesting schedules and service-based conditions.