Ironwood Pharmaceuticals (IRWD) director granted 63,481 restricted shares in latest Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Duane Jon R reported acquisition or exercise transactions in this Form 4 filing.
IRONWOOD PHARMACEUTICALS INC director Jon R. Duane received a grant of 63,481 shares of Class A Common Stock as equity compensation. The award was made at a price of $0.00 per share under the company’s Second Amended and Restated Non-employee Director Compensation Policy.
The restricted stock will vest in full on the date immediately preceding the annual meeting of stockholders for the next calendar year. Following this grant, Duane directly holds a total of 253,820 shares of Ironwood Pharmaceuticals common stock. This filing reflects a routine director equity award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Duane Jon R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 63,481 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 253,820 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 63,481 shares
Grant price per share: $0.00 per share
Shares owned after grant: 253,820 shares
+2 more
5 metrics
Restricted stock grant
63,481 shares
Class A Common Stock awarded to Jon R. Duane
Grant price per share
$0.00 per share
Price for restricted stock award
Shares owned after grant
253,820 shares
Total direct holdings following transaction
Transaction code
A (grant, award, or other acquisition)
SEC Form 4 transaction classification
Vesting schedule
Vests in full before next annual meeting
Restricted stock vesting condition
Key Terms
restricted stock, Second Amended and Restated Non-employee Director Compensation Policy, annual meeting of stockholders, Form 4
4 terms
restricted stock financial
"The restricted stock, granted pursuant to the Second Amended and Restated Non-employee Director Compensation Policy..."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Second Amended and Restated Non-employee Director Compensation Policy financial
"The restricted stock, granted pursuant to the Second Amended and Restated Non-employee Director Compensation Policy, effective January 1, 2024..."
annual meeting of stockholders regulatory
"vests in full on the date immediately preceding the date of the annual meeting of stockholders for the next calendar year."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Ironwood Pharmaceuticals (IRWD) director Jon R. Duane report in this Form 4?
Jon R. Duane reported receiving 63,481 shares of Ironwood Class A Common Stock as restricted stock. The shares were granted as director compensation at $0.00 per share and increase his direct holdings to 253,820 shares after the transaction.
Is the Jon R. Duane Form 4 transaction for IRWD a purchase or a grant?
The Form 4 shows an equity grant, not an open-market purchase. Duane received 63,481 restricted shares coded as a grant or award under Ironwood’s non-employee director compensation policy, with no cash price paid per share in this transaction.
What policy governs the IRWD restricted stock grant to Jon R. Duane?
The restricted stock grant was made under Ironwood’s Second Amended and Restated Non-employee Director Compensation Policy, effective January 1, 2024. This policy governs equity compensation for non-employee directors, including vesting terms tied to the next annual stockholder meeting.
Does the Jon R. Duane IRWD Form 4 involve any stock sales?
No, the Form 4 does not report any stock sales. It only shows an acquisition of 63,481 restricted shares as a director grant at $0.00 per share, increasing Duane’s direct holdings to 253,820 shares with no dispositions disclosed.