Ironwood Pharmaceuticals (IRWD) grants 137,036-share RSU new-hire award to CMO
Rhea-AI Filing Summary
Silber Jeffrey reported acquisition or exercise transactions in this Form 4 filing.
Ironwood Pharmaceuticals Inc granted its SVP, CMO and Head of Research & Drug Development, Jeffrey Silber, a new-hire restricted stock unit award covering 137,036 shares of Class A Common Stock. The award vests 25% of the shares on each approximate anniversary of the grant, resulting in direct ownership of 137,036 shares.
Positive
- None.
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Insider Trade Summary
Net Buyer: 137,036 shares
Net Buy
1 txn
Insider
Silber Jeffrey
Role
SVP, CMO, Head-Res&Drug
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 137,036 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 137,036 shares (Direct)
Footnotes (1)
- F1. The restricted stock unit award, granted as a new hire award, vests as to 25% of the shares of Class A Common Stock on each approximate anniversary of the grant thereof.
Key Figures
Restricted stock units granted: 137,036 shares
Grant price: US$0.00 per share
Shares held after grant: 137,036 shares
+1 more
4 metrics
Restricted stock units granted
137,036 shares
New-hire equity award of Class A Common Stock
Grant price
US$0.00 per share
Equity award granted without cash payment
Shares held after grant
137,036 shares
Direct Class A Common Stock ownership following award
Annual vesting portion
25%
Portion of RSU award vesting on each approximate anniversary
Key Terms
restricted stock unit, new hire award, Class A Common Stock
3 terms
restricted stock unit financial
"The restricted stock unit award, granted as a new hire award, vests as to 25%"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
new hire award financial
"The restricted stock unit award, granted as a new hire award, vests as to 25%"
Class A Common Stock financial
"shares of Class A Common Stock on each approximate anniversary of the grant"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did Jeffrey Silber receive from IRWD?
Jeffrey Silber received a restricted stock unit award covering 137,036 shares of Ironwood Pharmaceuticals’ Class A Common Stock as a new-hire grant. This equity compensation was reported as directly owned following the award, with no cash purchase price per share disclosed.
How do the restricted stock units granted by IRWD to Jeffrey Silber vest?
The restricted stock unit award vests in four equal installments, with 25% of the shares vesting on each approximate anniversary of the grant. This schedule spreads vesting over several years, aligning the award with Silber’s continued service at Ironwood Pharmaceuticals.
Was Jeffrey Silber’s IRWD equity grant made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked, indicating the reported equity award was not granted pursuant to a Rule 10b5-1 trading plan. It is disclosed simply as a new-hire restricted stock unit grant.