Monopar COO boosts stake via RSU vesting
Monopar Therapeutics Chief Operating Officer Andrew Cittadine increased his direct equity stake through RSU vesting.
Rhea-AI Filing Summary
Monopar Therapeutics Chief Operating Officer Andrew Cittadine increased his direct equity stake through RSU vesting. On March 31, 2026, 3,514 restricted stock units vested and were settled into an equal number of common shares at a conversion price of $0.00 per share.
To cover withholding taxes on this vesting, 1,571 common shares were withheld by the company at a value of $54.79 per share, rather than sold in the open market. After these transactions, Cittadine directly owned 52,669 shares of Monopar Therapeutics common stock.
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Insider Trade Summary
3,514 shares exercised/converted
Exercise
3 txns
Insider
Cittadine Andrew
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,514 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,514 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,571 | $54.79 | $86K |
Holdings After Transaction:
Restricted Stock Unit — 44,753 contracts (Direct);
Common Stock — 52,669 shares (Direct)
Footnotes (4)
- F1. Represents shares acquired on vesting and settlement of restricted stock units.
- F2. Represents shares withheld by the issuer to pay for the applicable withholding tax due upon vesting of restricted stock units.
- F3. 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.
- F4. 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.
Key Figures
RSU shares vested: 3,514 shares
Tax withholding shares: 1,571 shares
Holdings after transactions: 52,669 shares
+3 more
6 metrics
RSU shares vested
3,514 shares
Restricted stock units settled into common stock on March 31, 2026
Tax withholding shares
1,571 shares
Common shares withheld at $54.79 per share for taxes
Holdings after transactions
52,669 shares
Common stock directly owned after March 31, 2026 transactions
2023 RSU grant
15,647 units
RSUs granted February 1, 2023, vesting through December 31, 2026
2025 RSU grant
40,581 units
RSUs granted March 4, 2025, vesting through December 31, 2028
Withholding price
$54.79 per share
Value used for shares withheld to cover tax obligations
Key Terms
Restricted Stock Unit, vesting, withholding tax, contingent right, +1 more
5 terms
Restricted Stock Unit financial
"Represents shares acquired on vesting and settlement of restricted stock units."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vesting financial
"RSUs vest 6/48ths (1,956 shares) on June 30, 2023, and 3/48ths 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.
withholding tax financial
"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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of common stock"
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Monopar Therapeutics (MNPR) report for Andrew Cittadine?
Monopar Therapeutics reported that COO Andrew Cittadine had 3,514 restricted stock units vest into common shares. This RSU settlement increased his direct equity holdings and reflects routine, compensation-related share delivery rather than an open-market purchase or sale.
What restricted stock unit grants does Andrew Cittadine have at Monopar Therapeutics (MNPR)?
Footnotes state Andrew Cittadine received 15,647 RSUs on February 1, 2023 and 40,581 RSUs on March 4, 2025. Both awards vest in quarterly installments through December 31, 2026 and December 31, 2028, respectively, with each RSU delivering one common share upon vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
