Iovance COO granted 117,500 RSUs
BILINSKY IGOR reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
BILINSKY IGOR reported acquisition or exercise transactions in this Form 4 filing.
Iovance Biotherapeutics reported that Chief Operating Officer Igor Bilinsky received a grant of 117,500 restricted stock units. Each RSU represents one share of common stock. The award vests over three years, with one-third vesting after one year and the balance in eight quarterly installments.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 117,500 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- F2. Provided the Reporting Person is still employed with the Issuer on the following dates, the RSUs shall vest over three years, with (i) one-third of the RSUs vesting on the one-year anniversary of the date of grant and (ii) the remaining RSUs shall vest in eight equal quarterly installments over the next two years, commencing with the first quarter following the first anniversary of the date of grant.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did IOVANCE BIOTHERAPEUTICS (IOVA) report on this Form 4?
Who is the insider receiving RSUs in IOVANCE BIOTHERAPEUTICS (IOVA)?
How do the 117,500 RSUs granted by IOVANCE BIOTHERAPEUTICS (IOVA) vest?
Does the IOVANCE BIOTHERAPEUTICS (IOVA) Form 4 show an open-market stock purchase or sale?
What does each RSU granted by IOVANCE BIOTHERAPEUTICS (IOVA) represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.