Opus Genetics (IRD) director Adrienne Graves awarded 24,367 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Graves Adrienne L reported acquisition or exercise transactions in this Form 4 filing.
Opus Genetics, Inc. director Adrienne L. Graves received a grant of 24,367 shares of Common Stock in the form of restricted stock units as compensation. These units vest upon the earlier of one year from the grant date or the day before the company’s next annual stockholder meeting, subject to continued service. After this award, Graves directly holds 127,514 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Graves Adrienne L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,367 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 127,514 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 24,367 shares
Grant price: $0.00 per share
Post-transaction holdings: 127,514 shares
+1 more
4 metrics
RSU grant size
24,367 shares
Restricted stock units granted to director on acquisition-coded transaction
Grant price
$0.00 per share
Reported transaction price for RSU award
Post-transaction holdings
127,514 shares
Total Common Stock directly held after the grant
Vesting condition
Earlier of 1 year or pre–next annual meeting
RSUs vest based on time and next stockholder meeting, with continued service
Key Terms
restricted stock units, annual meeting of stockholders, vesting date, grant, award, or other acquisition
4 terms
restricted stock units financial
"Represents a grant of restricted stock units which vest upon the earlier"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
annual meeting of stockholders financial
"the day prior to the Issuer's next annual meeting of stockholders occurring"
vesting date financial
"subject to the Reporting Person's continuing service through the vesting date"
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
FAQ
What insider transaction did Opus Genetics (IRD) report for Adrienne L. Graves?
Opus Genetics reported that director Adrienne L. Graves received a grant of 24,367 restricted stock units of Common Stock. The award was recorded at a price of $0.00 per share, indicating a compensation-related equity grant rather than a market purchase.
How do the restricted stock units for Adrienne L. Graves at Opus Genetics vest?
The 24,367 restricted stock units granted to Adrienne L. Graves vest on the earlier of the one-year anniversary of the grant date or the day before Opus Genetics’ next annual meeting of stockholders, provided she continues in service through the vesting date.
Is the Form 4 transaction for Opus Genetics (IRD) a market buy or sale?
The Form 4 shows a grant or award acquisition, not an open-market buy or sale. The transaction is coded as “A” and priced at $0.00 per share, indicating equity compensation rather than a discretionary purchase or sale in the market.
What does transaction code “A” mean in the Opus Genetics (IRD) Form 4?
Transaction code “A” on the Form 4 represents a grant, award, or other acquisition of securities. In this case, it reflects the issuance of 24,367 restricted stock units of Opus Genetics Common Stock to director Adrienne L. Graves as part of her compensation.