908 Devices (MASS) awards RSUs and stock options to top executive
Rhea-AI Filing Summary
908 Devices Inc. reported equity compensation grants to Chief Business & Strategy Officer Otitoju Kolawole A. on April 21, 2026. He received 110,193 restricted stock units, each representing one share of common stock, vesting in three substantially equal annual installments on the anniversaries following May 1, 2026, subject to continued service.
He was also granted a stock option for 146,789 shares of common stock at an exercise price of $7.26 per share, expiring on April 20, 2036. One-third of these option shares vest on May 1, 2027, with the remaining two-thirds vesting in substantially equal monthly installments over the following 24 months, contingent on continued service. These are compensation awards rather than open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Otitoju Kolawole A.
Role
Chief Bus. & Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 146,789 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 110,193 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 146,789 shares (Direct);
Restricted Stock Units — 110,193 shares (Direct)
Footnotes (3)
- F1. One-third of the shares underlying the option become vested and exercisable on May 1, 2027, and the remaining two-thirds of the shares underlying the option become vested and exercisable in substantially equal monthly installments over the 24 months following May 1, 2027, subject to the reporting person's continued service through the applicable vesting date.
- F2. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock, par value $0.001, when vested.
- F3. These RSUs vest in three substantially equal annual installments at the three anniversary dates following May 1, 2026, subject to the reporting person's continued service through the applicable vesting date. The RSUs have no expiration date.
Key Figures
RSUs granted: 110,193 units
Stock options granted: 146,789 shares
Option exercise price: $7.26 per share
+3 more
6 metrics
RSUs granted
110,193 units
Restricted stock units granted April 21, 2026
Stock options granted
146,789 shares
Stock option award dated April 21, 2026
Option exercise price
$7.26 per share
Exercise price for stock option grant
Option expiration
April 20, 2036
Expiration date of stock option
Initial option vesting date
May 1, 2027
One-third of option shares vest on this date
RSU vesting start
May 1, 2026
Three annual RSU vesting installments follow this date
Key Terms
Restricted Stock Units, Stock Option (right to buy), exercise price, vesting, +1 more
5 terms
Restricted Stock Units financial
"These RSUs vest in three substantially equal annual installments"
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.
Stock Option (right to buy) financial
"Stock Option (right to buy) with 146,789 shares underlying"
exercise price financial
"conversion_or_exercise_price": "7.2600""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"become vested and exercisable in substantially equal monthly installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"expiration_date": "2036-04-20T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity awards did 908 Devices (MASS) disclose for Otitoju Kolawole A.?
908 Devices disclosed that Chief Business & Strategy Officer Otitoju Kolawole A. received 110,193 RSUs and a stock option for 146,789 shares. Both awards vest over several years and are contingent on his continued service with the company.
How do the new RSUs for 908 Devices (MASS) executive vest over time?
The 110,193 restricted stock units vest in three substantially equal annual installments on the three anniversary dates following May 1, 2026. Each vested RSU converts into one share of 908 Devices common stock, subject to the executive’s continued service through each vesting date.
What are the key terms of the stock option granted by 908 Devices (MASS)?
The stock option covers 146,789 shares of common stock at a $7.26 exercise price and expires April 20, 2036. One-third vests on May 1, 2027, with the remaining two-thirds vesting in equal monthly installments over the next 24 months, subject to continued service.
Are the recent Form 4 transactions for 908 Devices (MASS) open-market trades?
No, the Form 4 transactions reflect equity awards, not open-market trades. The executive received RSUs and stock options as compensation, which vest over time and become exercisable or settle into common shares only if service requirements are met.
What does each RSU granted by 908 Devices (MASS) represent?
Each restricted stock unit represents a contingent right to receive one share of 908 Devices common stock, par value $0.001, upon vesting. The RSUs have no expiration date and will settle into shares only when the specified vesting conditions are satisfied.