Director at MiNK Therapeutics (NASDAQ: INKT) receives RSU board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Behner Peter reported acquisition or exercise transactions in this Form 4 filing.
MiNK Therapeutics, Inc. director Peter Behner reported stock-based board compensation. He received 1,313 restricted stock units on June 1, 2026 and 1,491 units on March 2, 2026, each convertible into common shares and granted in lieu of cash retainers. The RSUs vest one month after each grant, bringing his direct holdings to 22,919 common shares.
The company noted that the RSUs for Q1 2026 board and committee compensation were not filed on time due to an administrative error.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Behner Peter
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,313 | $12.38 | $16K |
| Grant/Award | Common Stock | 1,491 | $10.90 | $16K |
Holdings After Transaction:
Common Stock — 22,919 shares (Direct, null)
Footnotes (1)
- The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs were received in lieu of cash retainers for board and committee compensation. The RSUs will vest one month from the grant date. Due to an administrative error, the RSUs for Q1 2026 Board and committee compensation were not filed timely.
Key Figures
RSU grant March 2, 2026: 1,491 shares at $10.90
RSU grant June 1, 2026: 1,313 shares at $12.38
Shares held after latest grant: 22,919 shares
+1 more
4 metrics
RSU grant March 2, 2026
1,491 shares at $10.90
Restricted stock units granted in lieu of cash retainers
RSU grant June 1, 2026
1,313 shares at $12.38
Restricted stock units granted in lieu of cash retainers
Shares held after latest grant
22,919 shares
Total MiNK Therapeutics common stock directly owned by Behner
RSU vesting period
1 month
RSUs vest one month from each grant date
Key Terms
restricted stock units ("RSUs"), contingent right, cash retainers, board and committee compensation, +1 more
5 terms
restricted stock units ("RSUs") financial
"The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock"
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.
contingent right financial
"RSUs, which represent a contingent right to receive one share of Common Stock for each RSU"
cash retainers financial
"The RSUs were received in lieu of cash retainers for board and committee compensation"
board and committee compensation financial
"The RSUs were received in lieu of cash retainers for board and committee compensation"
administrative error other
"Due to an administrative error, the RSUs for Q1 2026 Board and committee compensation were not filed timely"
FAQ
What insider transaction did MiNK Therapeutics (INKT) director Peter Behner report?
Director Peter Behner reported awards of restricted stock units in MiNK Therapeutics common stock. He received 1,491 RSUs on March 2, 2026 and 1,313 RSUs on June 1, 2026, reflecting routine equity compensation rather than open-market buying or selling.
Were the MiNK Therapeutics (INKT) RSUs granted to Peter Behner part of cash compensation?
The RSUs were granted in lieu of cash retainers for board and committee compensation at MiNK Therapeutics. Each restricted stock unit represents a contingent right to receive one share of common stock instead of receiving those board fees in cash.
When do Peter Behner’s MiNK Therapeutics (INKT) RSU grants vest?
The restricted stock units granted to Peter Behner vest one month from their respective grant dates. This means each RSU award converts into MiNK Therapeutics common shares shortly after issuance, assuming the applicable short vesting period is satisfied.
Why does the MiNK Therapeutics (INKT) Form 4 mention an administrative error?
The Form 4 notes that, due to an administrative error, RSUs relating to Q1 2026 board and committee compensation were not filed in a timely manner. This explanation clarifies why the earlier compensation-related equity award appears in the same disclosure.