908 Devices (NASDAQ: MASS) director receives new options, RSUs and adds shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
908 Devices Inc. director E. Kevin Hrusovsky reported several equity compensation awards and related share movements. He received a stock option grant for 6,209 shares of Common Stock at an exercise price of $8.22 per share, vesting in substantially equal monthly installments over 12 months following June 11, 2026, and expiring on June 10, 2036.
He was also granted 13,656 Restricted Stock Units (RSUs), each representing one share of Common Stock, which become fully vested on June 11, 2027 or the day prior to the 2027 Annual Meeting of Stockholders, subject to continued service and prorated vesting on earlier termination. In addition, 14,083 RSUs became fully vested on June 10, 2026 and were converted into 14,083 shares of Common Stock, bringing his direct Common Stock holdings to 165,390 shares. A further 329,675 shares of Common Stock are held indirectly through the E. Kevin Hrusovsky 2012 Irrevocable Trust, for which his spouse and children serve as trustees and over which he may be deemed a beneficial owner.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,083 shares exercised/converted
Mixed
5 txns
Insider
HRUSOVSKY E KEVIN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 13,656 | $0.00 | -- |
| Grant/Award | Stock Option (option to buy) | 6,209 | $0.00 | -- |
| Exercise | Restricted Stock Units | 14,083 | $0.00 | -- |
| Exercise | Common Stock | 14,083 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 13,656 shares (Direct, null);
Stock Option (option to buy) — 6,209 shares (Direct, null);
Common Stock — 165,390 shares (Direct, null);
Common Stock — 329,675 shares (Indirect, See footnote)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock, par value $0.001, when vested. The securities are owned directly by the E. Kevin Hrusovsky 2012 Irrevocable Trust. The reporting person's spouse and children are trustees of E. Kevin Hrusovsky 2012 Irrevocable Trust and have joint voting and dispositive control with respect to all securities held by E. Kevin Hrusovsky 2012 Irrevocable Trust and the reporting person may be deemed to be the beneficial owner of the securities held by E. Kevin Hrusovsky 2012 Irrevocable Trust. The RSUs became fully vested on June 10, 2026, the day prior to the 2026 Annual Meeting of the Stockholders of 908 Devices Inc. The RSUs have no expiration date. The RSUs become fully vested on June 11, 2027 or the day prior to the 2027 Annual Meeting of the Stockholders of 908 Devices Inc., whichever occurs first, subject to the reporting person's continued service through the applicable vesting date, provided that, if the reporting person terminates their service for any reason, then a prorated number of RSUs will vest. The RSUs have no expiration date. The shares underlying the option become vested and exercisable in substantially equal monthly installments over the 12 months following June 11, 2026, subject to the reporting person's continued service through the applicable vesting date.
Key Figures
Option grant size: 6,209 shares
Option exercise price: $8.22 per share
New RSU grant: 13,656 RSUs
+4 more
7 metrics
Option grant size
6,209 shares
Stock Option (option to buy) granted June 11, 2026
Option exercise price
$8.22 per share
Exercise price of stock option expiring June 10, 2036
New RSU grant
13,656 RSUs
RSUs granted June 11, 2026, vesting by June 11, 2027
Vested RSUs converted
14,083 shares
RSUs vested and converted to Common Stock on June 10, 2026
Direct common shares held
165,390 shares
Direct Common Stock ownership following transactions
Indirect trust holdings
329,675 shares
Common Stock held by E. Kevin Hrusovsky 2012 Irrevocable Trust
Option expiration date
June 10, 2036
Expiration date of 6,209-share stock option grant
Key Terms
Restricted Stock Unit ("RSU"), derivative security, Irrevocable Trust, Annual Meeting of the Stockholders, +1 more
5 terms
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Irrevocable Trust financial
"The securities are owned directly by the E. Kevin Hrusovsky 2012 Irrevocable Trust."
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
Annual Meeting of the Stockholders financial
"The RSUs became fully vested on June 10, 2026, the day prior to the 2026 Annual Meeting of the Stockholders of 908 Devices Inc."
beneficial owner financial
"the reporting person may be deemed to be the beneficial owner of the securities held by E. Kevin Hrusovsky 2012 Irrevocable Trust."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
FAQ
What equity awards did 908 Devices (MASS) director E. Kevin Hrusovsky receive?
He received a stock option for 6,209 shares at $8.22 per share and 13,656 Restricted Stock Units. These awards are part of his director compensation and vest over time, subject to his continued service on the board.
When do E. Kevin Hrusovsky’s new RSUs in 908 Devices (MASS) vest?
The 13,656 RSUs become fully vested on June 11, 2027 or the day prior to the 2027 Annual Meeting of Stockholders. Vesting requires his continued service, with prorated vesting if his service ends before the applicable vesting date.
What are the key terms of E. Kevin Hrusovsky’s new stock option in 908 Devices (MASS)?
The option covers 6,209 shares of Common Stock at an exercise price of $8.22 per share. It becomes vested and exercisable in substantially equal monthly installments over 12 months following June 11, 2026, and expires on June 10, 2036.