Merck (NYSE: MRK) grants EVP 31,044 options and 10,605 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Oosthuizen Johannes Jacobus reported acquisition or exercise transactions in this Form 4 filing.
Merck & Co., Inc. executive vice president for Oncology & International, Johannes Jacobus Oosthuizen, reported new equity awards. He received a grant of 31,044 stock options, each allowing him to buy Merck common stock at $113.15 per share, expiring in 2036 and vesting in three equal installments on 5/5/2027, 5/5/2028, and 5/5/2029. He was also granted 10,605 restricted stock units, each representing a right to receive one Merck share, vesting and settling in stock in three equal installments on the same dates. Following these awards, he directly holds 21,895.389 shares of Merck common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Oosthuizen Johannes Jacobus
Role
EVP, Oncology & Int?l
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 10,605 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 31,044 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 10,605 shares (Direct, null);
Stock Option (Right to Buy) — 31,044 shares (Direct, null);
Common Stock — 21,895.389 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Merck & Co., Inc. common stock. These restricted stock units vest and are distributed as shares of Merck & Co., Inc. common stock in three equal installments on 5/5/2027, 5/5/2028, and, 5/5/2029. The option vests and becomes exercisable in equal installments on 5/5/2027, 5/5/2028, and, 5/5/2029.
Key Figures
Stock options granted: 31,044 options
Option exercise price: $113.15 per share
Option expiration: 5/4/2036
+3 more
6 metrics
Stock options granted
31,044 options
Grant to EVP on 5/5/2026
Option exercise price
$113.15 per share
Stock Option (Right to Buy)
Option expiration
5/4/2036
Expiration date of granted options
RSUs granted
10,605 units
Restricted Stock Unit award on 5/5/2026
RSU vesting schedule
3 equal installments
Vest on 5/5/2027, 5/5/2028, 5/5/2029
Common stock held
21,895.389 shares
Direct holdings after transactions
Key Terms
Restricted Stock Unit, Stock Option (Right to Buy), vests and becomes exercisable, contingent right, +1 more
5 terms
Restricted Stock Unit financial
"Restricted Stock Unit, each representing a contingent right to receive one share"
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.
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy) with an exercise price of 113.1500"
vests and becomes exercisable financial
"The option vests and becomes exercisable in equal installments on 5/5/2027, 5/5/2028, and 5/5/2029"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
FAQ
What equity awards did Merck (MRK) EVP Johannes Oosthuizen receive in this Form 4?
Johannes Oosthuizen received a grant of 31,044 stock options and 10,605 restricted stock units. The options allow future purchases at $113.15 per share, while the RSUs convert into an equal number of Merck common shares as they vest.
What are the vesting dates for Johannes Oosthuizen’s new Merck (MRK) stock options?
The 31,044 stock options vest in three equal installments on 5/5/2027, 5/5/2028, and 5/5/2029. Once vested, the options become exercisable, allowing Oosthuizen to buy Merck common stock at the fixed $113.15 exercise price through 2036.
What is the exercise price and expiration date of Johannes Oosthuizen’s new Merck stock options?
The newly granted stock options have an exercise price of $113.15 per share and expire on 5/4/2036. They vest in three equal tranches between 2027 and 2029, after which Oosthuizen may choose to exercise them any time before expiration.