Ironwood (IRWD) accounting chief granted 163,934 RSUs in stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Silver Ronald reported acquisition or exercise transactions in this Form 4 filing.
Ironwood Pharmaceuticals’ principal accounting officer Ronald Silver received a stock-based compensation grant. He was awarded 163,934 shares of Class A Common Stock as restricted stock units, with no cash paid per share. The award vests in four equal annual installments. Following this grant, he directly holds 416,570 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Silver Ronald
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 163,934 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 416,570 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Ironwood Pharmaceuticals (IRWD) report for Ronald Silver?
Ironwood Pharmaceuticals reported that Principal Accounting Officer Ronald Silver received a grant of 163,934 restricted stock units of Class A Common Stock. This was a stock-based compensation award, not an open-market purchase, and increased his directly held shares to 416,570.
Was Ronald Silver’s Form 4 transaction in IRWD stock a purchase or a grant?
The Form 4 shows a grant, not a purchase. Ronald Silver acquired 163,934 shares of Class A Common Stock through a restricted stock unit award with a per-share transaction price of $0.00, reflecting compensation rather than an open-market buy.
How does the restricted stock unit award to Ronald Silver vest at Ironwood (IRWD)?
The restricted stock unit award to Ronald Silver vests over four years. According to the footnote, 25% of the underlying Class A Common Stock shares vest on each approximate anniversary of the grant date, creating a gradual, time-based vesting schedule.
What role does Ronald Silver hold at Ironwood Pharmaceuticals (IRWD) in this Form 4?
In this Form 4, Ronald Silver is identified as an officer of Ironwood Pharmaceuticals, serving as Principal Accounting Officer. The reported transaction reflects stock-based compensation associated with his executive role, rather than an outside investment trade.
Does the Form 4 for Ironwood (IRWD) mention any derivative securities for Ronald Silver?
The Form 4 data show no derivative transactions for Ronald Silver in this filing. The derivative summary is empty, indicating only a non-derivative acquisition of Class A Common Stock through a restricted stock unit award.