Century Therapeutics (IPSC) CEO receives major RSU and option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Century Therapeutics President and CEO Brent Pfeiffenberger received new equity awards. On February 2, 2026, he was granted 475,000 shares of common stock in the form of restricted stock units at a price of $0 per share.
He also received a stock option for 945,000 shares of common stock at an exercise price of $1.84 per share. The RSUs vest 25% on February 2, 2027, with the remaining 75% vesting quarterly over three years, while the option vests 25% on February 2, 2027 and the rest in 36 equal monthly installments, all subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Pfeiffenberger Brent
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 945,000 | $0.00 | -- |
| Grant/Award | Common Stock | 475,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 945,000 shares (Direct);
Common Stock — 3,797,990 shares (Direct)
Footnotes (1)
- Reflects the grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer common stock. The RSUs vest 25% on February 2, 2027, with the remaining 75% vesting on a quarterly basis for the three years thereafter, in each case subject the Reporting Person's continued service through the applicable vesting date. The RSUs will be settled on each applicable vesting date in shares of the Issuer's common stock. The option vests 25% on February 2, 2027, with the remaining 75% vesting in 36 equal monthly installments, subject to the Reporting Person's continued service through each applicable vesting date.
FAQ
What equity awards did Century Therapeutics (IPSC) CEO Brent Pfeiffenberger receive?
Brent Pfeiffenberger received 475,000 restricted stock units and a stock option for 945,000 shares. The RSUs were granted at $0 per share, and the option has a $1.84 exercise price, both structured as long-term incentive compensation.
When do Brent Pfeiffenberger’s new RSUs at Century Therapeutics (IPSC) vest?
The RSUs vest 25% on February 2, 2027, with 75% vesting quarterly thereafter. That remaining portion vests over the following three years, contingent on Pfeiffenberger’s continued service with Century Therapeutics through each applicable vesting date.
What are the vesting terms of Brent Pfeiffenberger’s new stock option at IPSC?
The option vests 25% on February 2, 2027, and 75% in 36 monthly installments. All vesting requires Pfeiffenberger’s continued service, and the option covers 945,000 shares of common stock at a $1.84 exercise price, expiring on February 2, 2036.
Are Brent Pfeiffenberger’s new Century Therapeutics (IPSC) RSUs settled in stock or cash?
The RSUs will be settled in shares of Century Therapeutics common stock. Settlement occurs on each vesting date as units vest, assuming Pfeiffenberger continues to provide service through those specified vesting dates described in the award terms.
What is the expiration date of Brent Pfeiffenberger’s new stock option at Century Therapeutics (IPSC)?
The stock option granted to Pfeiffenberger expires on February 2, 2036. Until that date, he may exercise vested portions of the 945,000-share option at the fixed $1.84 exercise price, subject to the vesting schedule and continued service requirement.