Karyopharm Therapeutics (KPTI) director receives 15,508 RSUs in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Su Zhen reported acquisition or exercise transactions in this Form 4 filing.
Karyopharm Therapeutics Inc. director Su Zhen received a grant of 15,508 restricted stock units (RSUs) of common stock as equity compensation. The RSUs vest 100% on May 21, 2027, and delivery of the underlying shares is deferred until separation from service or a change-in-control event. Following this award, Su Zhen directly holds 15,508 shares/RSUs in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Su Zhen
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 15,508 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 15,508 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 15,508 RSUs
Price per share: $0.00 per share
Shares/RSUs held after grant: 15,508 shares
+1 more
4 metrics
RSUs granted
15,508 RSUs
Grant of restricted stock units to director Su Zhen
Price per share
$0.00 per share
Compensation grant, not open-market purchase
Shares/RSUs held after grant
15,508 shares
Total direct holdings following the reported transaction
Vesting date
May 21, 2027
RSUs vest 100% on this date
Key Terms
restricted stock units (RSUs), 2022 Equity Incentive Plan, convert into common stock on a one-for-one basis, change-in-control event, +1 more
5 terms
restricted stock units (RSUs) financial
"Represents the award of restricted stock units ("RSUs") pursuant to the Karyopharm Therapeutics Inc. 2022 Equity Incentive Plan, as amended."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
2022 Equity Incentive Plan financial
"pursuant to the Karyopharm Therapeutics Inc. 2022 Equity Incentive Plan, as amended."
convert into common stock on a one-for-one basis financial
"RSUs convert into Karyopharm Therapeutics Inc. common stock on a one-for-one basis."
change-in-control event financial
"delivery of the shares is deferred until the earlier of (a) the date of the director's separation from service ... and (b) a change-in-control event."
separation from service financial
"delivery of the shares is deferred until the earlier of (a) the date of the director's separation from service ... and (b) a change-in-control event."
FAQ
What did Karyopharm Therapeutics (KPTI) director Su Zhen report on this Form 4?
Director Su Zhen reported receiving a grant of 15,508 restricted stock units (RSUs) of Karyopharm Therapeutics common stock. This was a compensation-related award, not an open-market stock purchase or sale, and is recorded as a direct ownership position.
What are the vesting terms of Su Zhen’s RSU award at Karyopharm Therapeutics (KPTI)?
The 15,508 RSUs awarded to Su Zhen vest 100% on May 21, 2027. RSUs convert into Karyopharm common stock on a one-for-one basis, meaning each RSU becomes one share once it is vested and delivered under the plan’s terms.
Under which plan were Su Zhen’s KPTI RSUs granted and what is the conversion rate?
The RSUs were granted under the Karyopharm Therapeutics Inc. 2022 Equity Incentive Plan, as amended. The footnote states that the RSUs convert into Karyopharm common stock on a one-for-one basis, so each RSU will become one share when delivered.