Merck EVP Gupta holds 19,443 stock units, 750 shares
Rhea-AI Filing Summary
Merck & Co., Inc. (MRK) reported an initial statement of beneficial ownership for executive vice president and chief information and digital officer Gaurav K. Gupta. He holds 19,443 Restricted Stock Units, each representing a contingent right to receive one share of Merck common stock, vesting in three equal installments on August 7, 2027, 2028, and 2029. He also directly holds 750 shares of Merck common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Gupta Gaurav K
Role
EVP, CIDO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Unit F2, F1 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 19,443 shares (Direct);
Common Stock — 750 shares (Direct)
Footnotes (2)
- F1. These restricted stock units vest and are distributed as shares of Merck & Co., Inc. common stock in three equal installments on 8/7/2027, 8/7/2028, and 8/7/2029.
- F2. Each restricted stock unit represents a contingent right to receive one share of Merck & Co., Inc. common stock.
Key Figures
Restricted Stock Units underlying shares: 19,443 shares
RSU vesting installment count: 3 installments
RSU vesting dates: 8/7/2027, 8/7/2028, 8/7/2029
+1 more
4 metrics
Restricted Stock Units underlying shares
19,443 shares
Underlying Merck common stock represented by RSUs held by Gaurav K. Gupta
RSU vesting installment count
3 installments
RSUs vest in three equal installments
RSU vesting dates
8/7/2027, 8/7/2028, 8/7/2029
Scheduled vesting and distribution dates for the RSUs
Directly held common stock
750 shares
Merck common shares directly owned by Gaurav K. Gupta
Key Terms
Restricted Stock Unit, contingent right, Power of Attorney
3 terms
Restricted Stock Unit financial
"These restricted stock units vest and are distributed as shares of Merck"
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one"
Power of Attorney regulatory
"See Exhibit 24 - Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
What does Merck (MRK) report in this Form 3 for Gaurav K. Gupta?
Merck reports that EVP and CIDO Gaurav K. Gupta beneficially owns 19,443 Restricted Stock Units tied to Merck common stock and directly holds 750 common shares, as an initial statement of beneficial ownership.
How many Restricted Stock Units does Gaurav K. Gupta hold in MRK?
Gaurav K. Gupta holds 19,443 Restricted Stock Units, each representing a contingent right to receive one share of Merck & Co., Inc. common stock, subject to the stated vesting schedule.
What is the vesting schedule of Gaurav K. Gupta’s RSUs in Merck (MRK)?
The 19,443 RSUs vest and are distributed as shares of Merck common stock in three equal installments on 8/7/2027, 8/7/2028, and 8/7/2029.
Do the RSUs in this MRK Form 3 provide immediate common stock to Gaurav K. Gupta?
No. Each RSU represents a contingent right to receive one share of Merck common stock, with distribution occurring upon vesting on the specified future dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
