Legend Biotech director acquires rights to 28,330 shares
The RSUs vest in stages beginning December 20, 2027, and each vesting date is subject to continued service.
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Rhea-AI Filing Summary
Legend Biotech Corp director Darren Xiaohui Ji acquired 28,330 restricted share units (RSUs) on September 24, 2026. Each RSU represents a contingent right to receive one ordinary share upon settlement. One-third of the RSUs will vest on December 20, 2027, with the remainder vesting in 12 equal quarterly installments beginning March 20, 2028, subject to his continued service on each vesting date. His reported direct position following the transaction was 92,103 ordinary shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F1, F2 | 28,330 | $0.00 | $0.00 |
Footnotes (2)
- F1. The Ordinary Shares of the Issuer may be represented by American Depositary Shares ("ADSs"). Each ADS represents two ordinary shares of the Issuer.
- F2. Represents restricted share units (the "RSUs"). Each RSU represents a contingent right to receive one ordinary share of the Issuer upon settlement. 1/3 of the RSUs will vest on December 20, 2027, with the remainder of the RSUs vesting in 12 equal quarterly installments beginning on March 20, 2028, subject to the Reporting Person's continued service to the Issuer on each such vesting date.
Key Figures
Key Terms
contingent right financial
vesting financial
FAQ
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How many RSUs did a Legend Biotech (LEGN) director receive?
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