Standard BioTools (LAB) awards 500,000 RSUs to Chief Business Officer
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Standard BioTools Inc. approved a grant of 500,000 restricted stock units to Chief Business Officer Sean Mackay under its 2026 Equity Incentive Plan, effective June 20, 2026. If he continues providing services, 40% of the award will vest on June 20, 2027 and the remaining 60% on June 20, 2028. The award is governed by the 2026 Equity Incentive Plan, its RSU agreement, and the company’s 2026 Change of Control and Severance Plan and related participation agreement.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
RSU grant size: 500,000 restricted stock units
First vesting tranche: 40% of RSU award
Second vesting tranche: 60% of RSU award
+2 more
5 metrics
RSU grant size
500,000 restricted stock units
Award to Chief Business Officer Sean Mackay effective June 20, 2026
First vesting tranche
40% of RSU award
Vests on June 20, 2027, subject to continued service
Second vesting tranche
60% of RSU award
Vests on June 20, 2028, subject to continued service
Plan year
2026 Equity Incentive Plan
Governing plan for the RSU award
Change of control coverage
2026 Change of Control and Severance Plan
Applies to Mackay and his RSU award
Key Terms
restricted stock units, 2026 Equity Incentive Plan, Change of Control and Severance Plan, Participation Agreement
4 terms
restricted stock units financial
"approved a grant of 500,000 restricted stock units for Sean Mackay"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2026 Equity Incentive Plan financial
"under the Company’s 2026 Equity Incentive Plan (the “2026 Plan”)"
Change of Control and Severance Plan financial
"subject to the provisions of the Company’s 2026 Change of Control and Severance Plan"
Participation Agreement financial
"under which Mr. Mackay participates, and his Participation Agreement thereunder"
FAQ
What executive equity award did Standard BioTools (LAB) disclose?
Standard BioTools approved a grant of 500,000 restricted stock units to Chief Business Officer Sean Mackay. The award is made under the company’s 2026 Equity Incentive Plan and is effective June 20, 2026, subject to standard service-based vesting conditions.
How do Sean Mackay’s new RSUs at Standard BioTools (LAB) vest?
The 500,000 restricted stock units vest over two years if he continues serving the company. Forty percent vests on June 20, 2027, and the remaining 60% vests on June 20, 2028, creating a staggered vesting schedule tied to ongoing employment.
Under which plans were the new LAB RSUs granted to Sean Mackay?
The RSU grant was approved under Standard BioTools’ 2026 Equity Incentive Plan. It is also subject to the company’s 2026 Change of Control and Severance Plan, in which Mackay participates, and his related Participation Agreement, alongside the specific RSU award agreement.
What role does Sean Mackay hold at Standard BioTools (LAB)?
Sean Mackay serves as Chief Business Officer of Standard BioTools Inc. The company’s Human Capital Committee approved a 500,000 restricted stock unit award for him, aligning his compensation with equity-based incentives under the 2026 Equity Incentive Plan and related arrangements.
When did Standard BioTools’ board committee approve the RSU grant for Sean Mackay?
The Human Capital Committee of Standard BioTools’ board approved the 500,000 RSU grant on May 29, 2026. The grant is effective as of June 20, 2026, with vesting dates in 2027 and 2028 contingent on continued service to the company.