Century Therapeutics officer granted RSUs, stock options
Century Therapeutics, Inc. reported that Chief Technology and Manufacturing Officer Gregory Russotti received new equity awards.
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Rhea-AI Filing Summary
Century Therapeutics, Inc. reported that Chief Technology and Manufacturing Officer Gregory Russotti received new equity awards. On February 2, 2026, he was granted 135,000 shares of common stock in the form of restricted stock units at $0 per share, increasing his directly held common stock to 525,982 shares. The RSUs vest 25% on February 2, 2027, with the remaining 75% vesting quarterly over the following three years, subject to his continued service.
Russotti was also granted a stock option for 265,000 shares of common stock at an exercise price of $1.84 per share, vesting 25% on February 2, 2027 and the balance in 36 equal monthly installments thereafter. In addition, 92,773 shares of common stock are reported as indirectly owned through the Gregory Russotti 2021 Family Trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 265,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 135,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Gregory Russotti report in Century Therapeutics (IPSC) Form 4?
What are the vesting terms of Gregory Russotti’s 135,000 RSUs at Century Therapeutics (IPSC)?
How do the 265,000 stock options granted to Gregory Russotti at Century Therapeutics (IPSC) vest?
What is Gregory Russotti’s reported direct and indirect ownership in Century Therapeutics (IPSC)?
Were the RSUs granted to Gregory Russotti at Century Therapeutics (IPSC) issued for cash consideration?
What role does Gregory Russotti hold at Century Therapeutics (IPSC) according to the Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.