[Form 4] MiNK Therapeutics, Inc. Insider Trading Activity
Ulf Wiinberg, a director of MiNK Therapeutics, Inc. (INKT), reported a grant and his current holdings. On 09/02/2025 Mr. Wiinberg was granted 1,011 restricted stock units (RSUs) received in lieu of cash board and committee retainers; the RSUs vest one month from the grant date and are valued at $13.86 per share on the filing. Following the grant he beneficially owns 18,971 shares directly and 27,830 shares indirectly held in an irrevocable trust for his family.
- Director received equity compensation (1,011 RSUs) which aligns his interests with shareholders
- Clear disclosure of holdings: 18,971 shares directly owned and 27,830 shares held in an irrevocable family trust
- None.
Insights
TL;DR: Director received short‑term RSUs as compensation, modestly increasing his direct stake; not a material change to cap table for investors.
The Form 4 shows a director compensation grant of 1,011 RSUs at an indicated price of $13.86, vesting in one month. This replaces cash retainers and aligns director pay with equity incentives. The filing also discloses existing holdings of 18,971 direct shares and 27,830 shares held indirectly in an irrevocable family trust. The absolute sizes reported are small relative to typical public company float and thus unlikely to move market valuation by themselves; they do, however, signal routine governance alignment via equity compensation.
TL;DR: Routine director equity compensation and disclosure; trust holding indicates standard estate/ownership planning, not a change in control.
The disclosure is a standard Section 16 filing for director compensation paid in RSUs that vest after one month. The presence of an irrevocable trust holding 27,830 shares is explicitly noted and clarifies indirect beneficial ownership. No departures, option grants with unusual terms, or rapid sale activity are reported. From a governance perspective this is a routine update consistent with aligning board members with shareholder interests via equity-based pay.