Maze Therapeutics Form 4: Harold Bernstein awarded 40K RSUs with two‑year vesting
Rhea-AI Filing Summary
Harold Bernstein, President, R&D & CMO of Maze Therapeutics, Inc. (MAZE), reported the grant of 40,000 restricted stock units (RSUs) on 09/22/2025. Each RSU represents a contingent right to one share of common stock upon settlement. The award vests in two equal installments: 20,000 RSUs vest on September 1, 2026 and 20,000 RSUs vest on September 1, 2027, subject to continued service. The RSUs have no exercise price and do not expire; they either vest or are cancelled prior to vesting. The reported ownership following the grant is 40,000 shares held directly. The Form 4 was signed by an attorney-in-fact on 09/24/2025.
Positive
- 40,000 RSUs granted to the President, R&D & CMO which aligns executive incentives with shareholder outcomes
- Clear two‑step vesting schedule (50% on 09/01/2026 and 50% on 09/01/2027) encourages retention over multiple years
- RSUs have no exercise price and do not expire, simplifying settlement mechanics to one share per unit
Negative
- None.
Insights
TL;DR: A standard time‑based equity grant of 40,000 RSUs aligns the executive with long‑term shareholder value via multi‑year vesting.
The grant is a routine, time‑based restricted stock unit award with 50% vesting after one year and the remainder after two years, subject to continued service. The award has a $0 settlement price and no expiration, indicating settlement in shares rather than an option exercise. For governance review, the award size should be compared to company peer practices and the executive's total compensation to assess dilution and retention impact; such comparative data is not provided in this filing.
TL;DR: Form 4 correctly discloses the grant date, amount, vesting schedule, and direct ownership following issuance.
The filing includes the required elements: reporting person identity and role, transaction date, security type, number of RSUs granted, vesting schedule, and direct ownership after the transaction. The signature by an attorney‑in‑fact is dated two days after the transaction date, consistent with timely reporting obligations. No information in the filing suggests a reporting or procedural irregularity.