Immunovant (IMVT) CFO awarded RSUs and 94,002 options under 2019 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Immunovant, Inc. Chief Financial Officer Tiago Girao received new equity awards as part of his compensation. He was granted stock options for 94,002 shares of common stock at an exercise price of $24.61 per share, expiring in 2036, and 64,968 restricted stock units that convert into common shares as they vest.
The RSUs vest 25% on April 1, 2027, with the remainder in 12 quarterly installments, while the options vest 25% on April 1, 2027 and the balance in 36 monthly installments, all contingent on continued service. Following the grant, he holds 273,356 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Girao Tiago
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 94,002 | $0.00 | -- |
| Grant/Award | Common Stock | 64,968 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 94,002 shares (Direct);
Common Stock — 273,356 shares (Direct)
Footnotes (1)
- These restricted stock units ("RSUs") were granted pursuant to the Issuer's 2019 Equity Incentive Plan (the "Plan"). Each RSU represents a contingent right to receive one share of common stock upon the vesting of the unit. The RSUs will vest as to 25% of the total shares on April 1, 2027 and the balance will vest in twelve (12) successive substantially equal quarterly installments thereafter, subject to the Reporting Person's continuous service to the Issuer as of such date. These options were granted pursuant to the Plan. The shares underlying the options will vest as to 25% of the total shares on April 1, 2027 and the balance will vest in thirty-six (36) successive substantially equal monthly installments thereafter, subject to the Reporting Person's continuous service to the Issuer as of such date.
Key Figures
RSUs granted: 64,968 units
Stock options granted: 94,002 options
Option exercise price: $24.61 per share
+3 more
6 metrics
RSUs granted
64,968 units
Restricted stock units granted to CFO on April 7, 2026
Stock options granted
94,002 options
Options over common stock granted on April 7, 2026
Option exercise price
$24.61 per share
Exercise price for 94,002 stock options
Common shares after grant
273,356 shares
Direct common stock holdings following RSU grant
RSU initial vesting date
April 1, 2027
25% of RSUs vest on this date
Option expiration date
April 7, 2036
Expiration of the granted stock options
Key Terms
restricted stock units ("RSUs"), 2019 Equity Incentive Plan, vest, stock options, +1 more
5 terms
restricted stock units ("RSUs") financial
"These restricted stock units ("RSUs") were granted pursuant to the Issuer's 2019 Equity Incentive Plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2019 Equity Incentive Plan financial
"These restricted stock units ("RSUs") were granted pursuant to the Issuer's 2019 Equity Incentive Plan (the "Plan")"
vest financial
"The RSUs will vest as to 25% of the total shares on April 1, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
stock options financial
"These options were granted pursuant to the Plan. The shares underlying the options will vest as to 25% of the total shares"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
exercise price financial
"conversion_or_exercise_price": "24.6100""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What insider transactions did Immunovant (IMVT) report for Tiago Girao?
Immunovant reported that CFO Tiago Girao received new equity awards, not open-market trades. He was granted 64,968 restricted stock units and options for 94,002 shares, both tied to future vesting schedules and continued employment with the company.
How many Immunovant (IMVT) RSUs were granted to the CFO and how do they vest?
The CFO received 64,968 restricted stock units. Twenty-five percent vest on April 1, 2027, with the remaining 75% vesting in twelve substantially equal quarterly installments thereafter, so long as he continues providing service to Immunovant through each vesting date.
What are the terms of the Immunovant (IMVT) stock options granted to the CFO?
The CFO was granted options over 94,002 shares of common stock at a $24.61 exercise price. Twenty-five percent vest on April 1, 2027, with the remainder vesting in thirty-six substantially equal monthly installments, subject to his continued service, and the options expire in 2036.
Were Tiago Girao’s Immunovant (IMVT) awards part of a specific plan?
Yes. Both the restricted stock units and stock options were granted under Immunovant’s 2019 Equity Incentive Plan. The plan governs the terms of equity-based compensation, including vesting schedules and the requirement for continued service to receive the underlying common shares.
Do the reported Immunovant (IMVT) Form 4 transactions involve open-market buying or selling?
No. The transactions reflect compensation-related equity grants to the CFO, coded as awards, not open-market purchases or sales. They include new RSUs and stock options that will settle or become exercisable over time as vesting conditions are satisfied.