Ionis Pharmaceuticals (IONS) director receives 5,220 shares on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ionis Pharmaceuticals director Joan E. Herman reported the vesting of 5,220 Restricted Stock Units on July 15, 2026, which were settled into 5,220 shares of common stock at $0.0000 per share. Following this derivative exercise, she directly holds 51,306 common shares and 2,301 Restricted Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,220 shares exercised/converted
Mixed
2 txns
Insider
HERMAN JOAN E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 5,220 | $0.00 | -- |
| Exercise | Common Stock | 5,220 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 2,301 shares (Direct);
Common Stock — 51,306 shares (Direct)
Footnotes (1)
- Acquired pursuant to vesting and release of shares in accordance with a Restricted Stock Unit award. Each Restricted Stock Unit represents a contingent right to receive one share of Ionis common stock, or its equivalent cash value. Restricted Stock Units vest 100% on either the first anniversary of the date of grant or the next regularly scheduled annual meeting of stockholders of the Company, whichever occurs earlier, and are delivered to the reporting person on the July 15th following the vesting date. Upon vesting, the Restricted Stock Units will be paid in whole shares of Ionis common stock or cash as may be determined by the Company.
Key Figures
Common shares acquired: 5220 shares
Common shares held after transaction: 51306 shares
Restricted Stock Units converted: 5220 Restricted Stock Units
+2 more
5 metrics
Common shares acquired
5220 shares
Shares of common stock received upon RSU vesting on 2026-07-15
Common shares held after transaction
51306 shares
Direct Ionis common stock holdings after the July 15, 2026 transaction
Restricted Stock Units converted
5220 Restricted Stock Units
RSUs exercised/converted into common stock on 2026-07-15
Restricted Stock Units remaining
2301 Restricted Stock Units
RSU balance following the reported derivative exercise
Conversion price per share
$0.0000 per share
Exercise or conversion price for the Restricted Stock Units into common stock
Key Terms
Restricted Stock Unit, derivative security, contingent right
3 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
derivative security financial
"transaction code description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"represents a contingent right to receive one share of Ionis common stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity event did Ionis (IONS) director Joan E. Herman report?
Joan E. Herman reported the vesting of 5,220 Restricted Stock Units that were settled into 5,220 Ionis common shares. The transaction was recorded on July 15, 2026 as an exercise or conversion of a derivative security at $0.0000 per share.
How many Restricted Stock Units vested for Joan E. Herman at Ionis (IONS)?
A total of 5,220 Restricted Stock Units vested for Joan E. Herman. Each vested unit was settled into one share of Ionis common stock, or its equivalent cash value, as provided under the terms of the Restricted Stock Unit award.
How many Ionis (IONS) Restricted Stock Units remain outstanding for Joan E. Herman?
Following the conversion of 5,220 units, Joan E. Herman has 2,301 Restricted Stock Units remaining. These outstanding units continue to represent a contingent right to receive one share of Ionis common stock, or its equivalent cash value, per unit.
What key terms apply to the Ionis (IONS) Restricted Stock Units in this report?
Each Restricted Stock Unit represents a contingent right to receive one Ionis common share or its cash value. Units vest 100% on the first grant anniversary or next annual stockholder meeting, and are delivered on the July 15 following the vesting date in shares or cash.