Monopar Therapeutics (MNPR) COO gains stock via RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Monopar Therapeutics Chief Operating Officer Andrew Cittadine reported routine equity compensation activity involving restricted stock units and related tax withholding. On June 30, 2026, 5,254 restricted stock units converted into the same number of common shares at a stated price of $0.00 per share. Of the resulting shares, 2,309 were withheld by the company to cover applicable withholding taxes tied to the vesting event. Following these transactions, Cittadine directly held 57,923 shares of Monopar common stock and 39,499 restricted stock units that remain outstanding and subject to future vesting schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,254 shares exercised/converted
Mixed
3 txns
Insider
Cittadine Andrew
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 5,254 | $0.00 | -- |
| Exercise | Common Stock | 5,254 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,309 | $92.59 | $214K |
Holdings After Transaction:
Restricted Stock Unit — 39,499 shares (Direct, null);
Common Stock — 57,923 shares (Direct, null)
Footnotes (1)
- Represents shares acquired on vesting and settlement of restricted stock units. Represents shares withheld by the issuer to pay for the applicable withholding tax due upon vesting of restricted stock units. On February 1, 2023, the reporting person was granted 15,647 restricted stock units, vesting 6/48ths (1,956 shares) on June 30, 2023, and 3/48ths (978 shares) every 3 months thereafter until the RSU is fully vested on December 31, 2026. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer. Disposed of restricted stock units were surrendered in exchange for issuance of common stock upon vesting and settlement. On March 4, 2025, the reporting person was granted 40,581 restricted stock units, vesting 6/48ths (5,073 shares) on June 30, 2025, and 3/48ths (2,536 shares) every 3 months thereafter until the RSU is fully vested on December 31, 2028. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer. Disposed of restricted stock units were surrendered in exchange for issuance of common stock upon vesting and settlement. On December 2, 2025, the reporting person was granted 13,919 restricted stock units, vesting 6/48ths (1,740) on June 30, 2026, and 3/48ths (870 shares) every 3 months thereafter until the RSU is fully vested on December 31, 2029. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer. Disposed of restricted stock units were surrendered in exchange for issuance of common stock upon vesting and settlement.
Key Figures
RSUs converted to common stock: 5,254 shares
Shares withheld for taxes: 2,309 shares
Common shares held after transactions: 57,923 shares
+3 more
6 metrics
RSUs converted to common stock
5,254 shares
Restricted stock units vested and settled on June 30, 2026
Shares withheld for taxes
2,309 shares
Withheld by issuer to cover tax on RSU vesting
Common shares held after transactions
57,923 shares
Direct ownership by Andrew Cittadine following June 30, 2026 activity
Outstanding restricted stock units
39,499 RSUs
Remaining RSU position after June 30, 2026 settlement
RSU grant on March 4, 2025
40,581 RSUs
Vesting 6/48ths initially, then 3/48ths quarterly through December 31, 2028
RSU grant on December 2, 2025
13,919 RSUs
Vesting 6/48ths initially, then 3/48ths quarterly through December 31, 2029
Key Terms
restricted stock units, withholding tax, vesting, contingent right
4 terms
restricted stock units financial
"On February 1, 2023, the reporting person was granted 15,647 restricted stock units, vesting 6/48ths..."
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.
withholding tax financial
"Represents shares withheld by the issuer to pay for the applicable withholding tax due upon vesting..."
Withholding tax is a government-required portion of a payment—such as dividends, interest, or salary—that the payer keeps back and sends directly to tax authorities before the recipient receives the money. For investors it reduces the cash they actually get and changes the after-tax return on an investment; rates and refund or credit rules vary by country and can materially affect comparisons between similar investments, like a cashier holding part of a bill to cover taxes.
vesting financial
"vesting 6/48ths (5,073 shares) on June 30, 2025, and 3/48ths (2,536 shares) every 3 months thereafter..."
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of common stock..."
FAQ
What insider transactions did Monopar Therapeutics (MNPR) report for Andrew Cittadine?
Monopar Therapeutics reported that COO Andrew Cittadine had restricted stock units vest into 5,254 common shares, while 2,309 shares were withheld to cover tax obligations. These transactions reflect routine equity compensation and related tax settlement rather than open-market buying or selling.
Were Andrew Cittadine’s Monopar (MNPR) transactions open-market buys or sells?
The transactions were not open-market trades. They reflect vesting of 5,254 restricted stock units into common stock and a disposition of 2,309 shares to satisfy withholding taxes, both characterized as compensation and tax-withholding events rather than discretionary purchases or sales.
What do the restricted stock units in the Monopar (MNPR) filing represent?
Each restricted stock unit represents a contingent right to receive one share of Monopar common stock upon vesting. The filing notes multi-year vesting schedules, with portions vesting every three months until the awards are fully vested and settled in shares, assuming continued eligibility.
How many Monopar (MNPR) restricted stock units remain for Andrew Cittadine?
Following the June 30, 2026 activity, Andrew Cittadine has 39,499 restricted stock units outstanding. These units were granted under prior awards and vest in scheduled installments through December 31, 2029, potentially adding common shares as each tranche vests and settles.