Director Mark Spoto granted options and RSUs at 908 Devices (MASS)
Rhea-AI Filing Summary
908 Devices Inc. director Mark Spoto reported multiple equity compensation transactions. He received a grant of 6,209 stock options to buy Common Stock at an exercise price of $8.22 per share, which vest in substantially equal monthly installments over the 12 months following June 11, 2026 and expire on June 10, 2036.
He also received 13,656 Restricted Stock Units, each representing a contingent right to one share of Common Stock, that become fully vested on June 11, 2027 or the day before the 2027 annual stockholder meeting, with prorated vesting if his service ends earlier. Separately, 14,083 RSUs became fully vested on June 10, 2026 and were converted into 14,083 Common Stock shares, bringing his direct Common Stock holdings to 89,346 shares.
In addition, 3,599 Common Stock shares are held indirectly through Razor's Edge Ventures, LLC, where he is a managing member and may be deemed a beneficial owner, though he disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| 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 | -- | -- | -- |
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock, par value $0.001, when vested. These securities are owned directly by Razor's Edge Ventures, LLC. The reporting person is a managing member of Razor's Edge Ventures, LLC and may be deemed to be the beneficial owner of the securities held by Razor's Edge Ventures, LLC. The reporting person disclaims beneficial ownership of the securities held by Razor's Edge Ventures, LLC except to the extent of his pecuniary interest therein. 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.