908 Devices CFO gets RSUs, options; sells shares
908 Devices Inc. Chief Financial Officer Joseph H. Griffith IV reported a mix of equity grants, vesting and a tax-related sale.
Rhea-AI Filing Summary
908 Devices Inc. Chief Financial Officer Joseph H. Griffith IV reported a mix of equity grants, vesting and a tax-related sale. On February 1, 2026, several tranches of RSUs vested and settled into 5,102, 10,306, 11,260 and 43,473 shares of common stock. On February 2, 2026, he received 121,164 new RSUs and a stock option for 52,967 shares with a $6.19 exercise price. That same day, he sold 23,175 shares at a weighted average of $6.18 solely to cover tax withholding triggered by the RSU vesting, under a required “sell to cover” arrangement. After these transactions, he directly held 139,896 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 121,164 | $0.00 | $0.00 |
| Grant/Award | Stock Option (option to buy) | 52,967 | $0.00 | $0.00 |
| Sale | Common Stock | 23,175 | $6.18 | $143K |
| Exercise | Restricted Stock Units | 5,102 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 10,306 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 11,260 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 43,473 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,102 | $0.00 | $0.00 |
| Exercise | Common Stock | 10,306 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,260 | $0.00 | $0.00 |
| Exercise | Common Stock | 43,473 | $0.00 | $0.00 |
Footnotes (9)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive, at settlement, one share of Common Stock. This transaction represents the settlement of RSUs in shares of Common Stock on their scheduled vesting date.
- F2. The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.105 to $6.35, inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F4. These RSUs vest in four substantially equal annual installments at the four anniversary dates following February 1, 2022, subject to the reporting person's continued service through the applicable vesting date. The RSUs have no expiration date.
- F5. These RSUs vest in four substantially equal annual installments at the four anniversary dates following February 1, 2023, subject to the reporting person's continued service through the applicable vesting date. The RSUs have no expiration date.
- F6. These RSUs vest in four substantially equal annual installments at the four anniversary dates following February 1, 2024, subject to the reporting person's continued service through the applicable vesting date. The RSUs have no expiration date.
- F7. The RSUs shall vest one-third on February 1, 2026, with the remaining two-thirds vesting in two substantially equal annual installments at the two anniversary dates following February 1, 2026, subject to the reporting person's continued service through the applicable vesting date. The RSUs have no expiration date.
- F8. The RSUs shall vest one-third on February 1, 2027, with the remaining two-thirds vesting in two substantially equal annual installments at the two anniversary dates following February 1, 2027, subject to the reporting person's continued service through the applicable vesting date. The RSUs have no expiration date.
- F9. One-third of the shares underlying the option become vested and exercisable on February 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 February 1, 2027, subject to the reporting person's continued service through the applicable vesting date.
FAQ
What did 908 Devices (MASS) CFO Joseph H. Griffith IV report on this Form 4?
How many new RSUs did the MASS CFO receive in the latest filing?
What stock options were granted to the 908 Devices CFO in this Form 4?
What is the CFO’s resulting common stock ownership after these transactions?
How do the existing RSU awards for the MASS CFO vest over time?
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