MapLight Therapeutics (MPLT) grants RSUs and 31,395 options to CSO
Rhea-AI Filing Summary
MapLight Therapeutics Chief Scientific Officer receives new equity awards. On February 5, 2026, Lillie James Woodruff was granted 7,730 restricted stock units of voting common stock and an option to purchase 31,395 shares at an exercise price of $15.7 per share.
The RSUs vest 25% on January 1, 2027, with the remainder vesting in equal quarterly installments, subject to continued service. The stock option vests 25% on February 5, 2027, with the balance vesting in equal monthly installments thereafter. Following the RSU grant, Woodruff beneficially owns 298,862 shares of voting common stock and 31,395 stock options, all held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 31,395 | $0.00 | -- |
| Grant/Award | Voting Common Stock | 7,730 | $0.00 | -- |
Footnotes (1)
- Represents a restricted stock unit ("RSU") award. 1/4th of the RSUs shall vest on January 1, 2027, and 1/16th of the RSUs shall vest on each subsequent April 1, July 1, October 1 and January 1 thereafter, subject to the Reporting Person's continued service through each vesting date. Each RSU represents a contingent right to receive one share of voting common stock of the Issuer. 1/4th of the total shares underlying the option shall vest on February 5, 2027, and 1/48th of the total shares shall vest each month thereafter on the same day of the month, subject to the Reporting Person's continued service through each vesting date.
FAQ
What equity awards did MPLT Chief Scientific Officer receive on February 5, 2026?
How do the new MPLT restricted stock units for the CSO vest?
What is the vesting schedule for the MPLT stock options granted to the CSO?
What does each MPLT RSU granted to the Chief Scientific Officer represent?
Are the MPLT equity awards to the CSO classified as acquisitions or sales?