Iovance COO reports 31,246 RSUs vesting, tax shares
IOVANCE BIOTHERAPEUTICS, INC.
Rhea-AI Filing Summary
IOVANCE BIOTHERAPEUTICS, INC. Chief Operating Officer Igor Bilinsky reported the vesting of 31,246 restricted stock units on March 5, 2026, which were converted into an equal number of common shares at no exercise price.
To cover mandatory tax withholding on this RSU vesting, 16,628 common shares were withheld by the company at a reference price of $4.58 per share, which the disclosure states is not an open market sale. After these transactions, Bilinsky directly held 125,766 common shares and 62,504 RSUs. The remaining RSUs from this March 5, 2025 grant are scheduled to vest in equal quarterly installments, with each unit representing the right to receive one share of common stock.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 31,246 | $0.00 | $0.00 |
| Exercise | Common Stock | 31,246 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 16,628 | $4.58 | $76K |
Footnotes (6)
- F1. Represents such shares underlying the restricted stock units ("RSUs") which vested on the transaction date.
- F2. Represents shares withheld by the Issuer to satisfy the mandatory tax withholding requirements upon vesting of the RSUs. This is not an open market sale of securities.
- F3. Represents common stock remaining after deducting the common stock withheld for taxes.
- F4. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- F5. The remaining RSUs will vest in equal quarterly installments.
- F6. Such aggregate number reflects the remainder of such RSUs granted on March 5, 2025, but does not include any other RSUs held by such Reporting Person.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did IOVANCE (IOVA) COO Igor Bilinsky report in this Form 4 filing?
How many IOVANCE (IOVA) RSUs vested for Igor Bilinsky and what did they become?
What are Igor Bilinsky’s IOVANCE (IOVA) common stock holdings after these transactions?
How many IOVANCE (IOVA) RSUs remain for Igor Bilinsky and how will they vest?
Does this IOVANCE (IOVA) Form 4 indicate any open market stock sales by the COO?
AI-generated analysis. How Rhea-AI works. Not financial advice.