MiNK Therapeutics (INKT) director awarded 1,263 RSUs for board service
Rhea-AI Filing Summary
MiNK Therapeutics director reports new stock-based compensation. A company director received 1,263 restricted stock units (RSUs) of MiNK Therapeutics, Inc. common stock on 12/01/2025 at a value of $11.09 per share. These RSUs were granted in lieu of cash retainers for board and committee service and will vest one month after the grant date, at which point each RSU converts into one share of common stock. After this grant, the director beneficially owns 20,234 shares directly and 27,830 shares indirectly through an irrevocable trust established for the benefit of the director’s family.
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FAQ
What insider transaction did MiNK Therapeutics (INKT) report in this Form 4?
The filing reports that a director of MiNK Therapeutics, Inc. received 1,263 restricted stock units (RSUs) of common stock on 12/01/2025 as compensation.
At what price were the MiNK Therapeutics (INKT) RSUs valued in the Form 4?
The 1,263 RSUs were reported with a price of $11.09 per share, reflecting the value used for this grant of common stock-based compensation.
How and when do the reported RSUs for MiNK Therapeutics (INKT) vest?
The RSUs represent a right to receive one share of common stock per RSU and were granted in lieu of cash retainers. They will vest one month from the grant date of 12/01/2025.
How many MiNK Therapeutics (INKT) shares does the director own after this transaction?
Following the reported transaction, the director beneficially owns 20,234 shares of MiNK Therapeutics common stock directly and 27,830 shares indirectly through an irrevocable family trust.
Why did MiNK Therapeutics grant RSUs instead of cash to the director?
The filing states that the director’s RSUs were received in lieu of cash retainers for board and committee compensation, replacing cash payments with equity-based awards.
What is the nature of the indirect ownership reported for MiNK Therapeutics (INKT)?
The filing explains that the 27,830 indirectly owned shares are held in an irrevocable trust established for the benefit of the director’s family.