Iovance COO reports RSU vesting and share withholding
IOVANCE BIOTHERAPEUTICS, INC.
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Rhea-AI Filing Summary
IOVANCE BIOTHERAPEUTICS, INC. Chief Operating Officer Igor Bilinsky reported equity award activity tied to restricted stock units. On March 2, 2026, RSUs covering 8,790 and 3,517 shares vested and were converted into common stock at no cash exercise price. This resulted in the issuance of 12,307 shares of common stock. Separately, 6,903 shares of common stock were withheld by the company to cover mandatory tax obligations upon vesting, which the filing notes was not an open market sale. After these transactions, Bilinsky directly owned 111,148 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,790 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,517 | $0.00 | $0.00 |
| Exercise | Common Stock | 12,307 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,903 | $3.79 | $26K |
Footnotes (7)
- 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 1, 2024, but does not include any other RSUs held by such Reporting Person.
- F7. Such aggregate number reflects the remainder of such RSUs granted on March 2, 2023, but does not include any other RSUs held by such Reporting Person.
FAQ
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What insider transactions did IOVANCE BIOTHERAPEUTICS (IOVA) report for Igor Bilinsky?
What restricted stock unit activity was disclosed for IOVANCE BIOTHERAPEUTICS (IOVA)?
How were taxes handled on Igor Bilinsky’s RSU vesting at IOVANCE BIOTHERAPEUTICS?
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