Veradermics (MANE) CEO adds 234,872 shares and 556,399 options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Veradermics, Inc. Chief Executive Officer and director Reid Alexander Waldman reported insider equity changes. On February 5, 2026, 1,437 shares of Series A Convertible Preferred Stock automatically converted into 1,437 shares of common stock on a 10.067-for-1 basis, bringing his directly held common stock to 234,872 shares.
Separately, on February 3, 2026, he was granted a stock option for 556,399 shares of common stock at an exercise price of $17 per share. The option vests 25% on February 3, 2027, with the remainder vesting in equal monthly installments over the following 36 months, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,437 shares exercised/converted
Mixed
3 txns
Insider
Waldman Reid Alexander
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Series A Convertible Preferred Stock | 1,437 | $0.00 | -- |
| Conversion | Common Stock | 1,437 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 556,399 | $0.00 | -- |
Holdings After Transaction:
Series A Convertible Preferred Stock — 0 shares (Direct);
Common Stock — 234,872 shares (Direct);
Stock Option (Right to Buy) — 556,399 shares (Direct)
Footnotes (1)
- On February 5, 2026, the shares of Series A Convertible Preferred Stock automatically converted into shares of the Issuer's common stock, par value $0.00001 per share ("Common Stock"), on a 10.067-for-1 basis without payment of further consideration immediately prior to the closing of the Issuer's initial public offering. The shares have no expiration date. The option vests as to 25% of the underlying shares of Common Stock on February 3, 2027, the first anniversary of the vesting commencement date, and as to the remaining shares, in equal monthly installments over 36 months thereafter, subject to continued service.
FAQ
What insider transactions did Veradermics (MANE) CEO Reid Alexander Waldman report?
Reid Alexander Waldman reported a preferred-to-common conversion and a new option grant. 1,437 Series A preferred shares converted into 1,437 common shares, and he received a stock option for 556,399 common shares at a $17 exercise price.
What happened to the Series A Convertible Preferred Stock held by the Veradermics (MANE) CEO?
All reported Series A Convertible Preferred Stock automatically converted into common shares. On February 5, 2026, 1,437 preferred shares converted into 1,437 common shares at a 10.067-for-1 ratio, with no additional consideration, just before the company’s initial public offering closing.
Is the Veradermics (MANE) CEO’s stock option grant tied to continued service?
Yes, the option grant is service-based. Twenty-five percent of the 556,399-share option vests on February 3, 2027, and the remaining shares vest in equal monthly installments over 36 months, all subject to the CEO’s continued service with the company.