IOVANCE director granted 90,316 deferred RSUs
WEISER MICHAEL reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
WEISER MICHAEL reported acquisition or exercise transactions in this Form 4 filing.
IOVANCE BIOTHERAPEUTICS director Michael Weiser received a grant of 90,316 deferred restricted stock units on June 16, 2026. Each unit represents one share of common stock under the 2018 Equity Incentive Plan. The units vest on the earlier of one year after the grant date or just before the next annual shareholder meeting, and delivery of shares is deferred until specific future events. Following this grant, Weiser holds 90,316 deferred restricted stock units directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Unit | 90,316 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each deferred restricted stock unit ("DRSU") represents a contingent right to receive one share of the Issuer's common stock and are granted pursuant to the Issuer's 2018 Equity Incentive Plan (as amended).
- F2. Provided the Reporting Person continues to be providing service to the Issuer on the following dates, the DRSUs shall vest on the earlier of: (i) the first anniversary of the Transaction Date; or (ii) the day prior to the Issuer's next annual shareholder meeting. Notwithstanding the vesting, the issuance of the common stock will be deferred until the earlier of (i) three months after the Reporting Person's resignation or removal from the Board of Directors or no longer providing service because of death or disability, (ii) a change in control (as defined in the DRSU agreement) or (iii) ten years from the Transaction Date.
Key Figures
Key Terms
Deferred Restricted Stock Unit financial
2018 Equity Incentive Plan financial
vest financial
change in control financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did IOVANCE BIOTHERAPEUTICS (IOVA) report for Michael Weiser?
How many IOVA deferred restricted stock units did Michael Weiser acquire in this Form 4?
When do Michael Weiser’s IOVA deferred restricted stock units vest?
Are Michael Weiser’s IOVA deferred restricted stock units held directly or indirectly?
AI-generated analysis. How Rhea-AI works. Not financial advice.