Ironwood (NASDAQ: IRWD) CCO granted 136,612 restricted shares as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gaskins Tammi L reported acquisition or exercise transactions in this Form 4 filing.
IRONWOOD PHARMACEUTICALS INC reported that Chief Commercial Officer Tammi L. Gaskins received an equity grant of 136,612 shares of Class A Common Stock in the form of restricted stock units. These units were granted at no cash cost and represent a compensation award rather than an open-market purchase.
The award, described as an annual performance grant, vests in four equal installments of 25% on each approximate anniversary of the grant date, tying value to continued service and performance over time. Following this grant, Gaskins’ direct holdings increased to 350,350 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gaskins Tammi L
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 136,612 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 350,350 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did IRWD report for Tammi L. Gaskins on this Form 4?
IRONWOOD PHARMACEUTICALS reported that Chief Commercial Officer Tammi L. Gaskins received 136,612 shares of Class A Common Stock as a restricted stock unit grant. The award is compensation-based, not an open-market purchase, and was reported at a price of $0.00 per share.
What are the vesting terms of Tammi L. Gaskins’ new IRWD restricted stock unit award?
The restricted stock unit award for 136,612 shares vests in four equal installments of 25% each. Vesting occurs on each approximate anniversary of the grant date, reflecting an annual performance award structure tied to ongoing employment and service.
Is Tammi L. Gaskins’ IRWD equity award a direct or indirect holding?
The Form 4 shows the 136,612-share restricted stock unit award as a direct holding of Tammi L. Gaskins. The ownership code is listed as “D” for direct, with no indication of trusts or other indirect ownership entities in this transaction.