Director Hussain Abbas gets 8,371 RSUs at Moderna (MRNA)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Moderna, Inc. director Hussain Abbas received a grant of 8,371 restricted stock units on May 6, 2026 as equity compensation. These restricted stock units convert into common stock on a one-for-one basis. The award will vest in full on the earlier of May 6, 2027, or Moderna's next Annual Meeting of Shareholders, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hussain Abbas
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 8,371 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 8,371 shares (Direct, null)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. The shares subject to this restricted stock unit award will vest in full on the earlier of May 6, 2027, or Moderna's next Annual Meeting of Shareholders, subject to the recipient's continued service.
Key Figures
RSUs granted: 8,371 units
Exercise/conversion price: $0.00 per share
Post-grant RSU holdings: 8,371 units
3 metrics
RSUs granted
8,371 units
Restricted stock unit award to director on May 6, 2026
Exercise/conversion price
$0.00 per share
Restricted stock units convert to common stock at no cash cost
Post-grant RSU holdings
8,371 units
Total restricted stock units held following the reported transaction
Key Terms
Restricted Stock Units, vest in full, Annual Meeting of Shareholders
3 terms
Restricted Stock Units financial
"Restricted stock units convert into common stock on a one-for-one basis."
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.
vest in full financial
"The shares subject to this restricted stock unit award will vest in full on the earlier of May 6, 2027, or Moderna's next Annual Meeting of Shareholders"
FAQ
What insider transaction did Moderna (MRNA) disclose for director Hussain Abbas?
Moderna disclosed that director Hussain Abbas received 8,371 restricted stock units as an equity grant. These units represent a compensation award rather than an open-market purchase or sale, and will convert into common stock on a one-for-one basis after vesting.
How many restricted stock units did Hussain Abbas receive from Moderna (MRNA)?
Hussain Abbas received 8,371 restricted stock units from Moderna. This entire grant is currently unvested and is intended to convert into an equal number of common shares, providing stock-based compensation aligned with Moderna’s equity program for its directors.
When do Hussain Abbas’s Moderna (MRNA) restricted stock units vest?
The restricted stock units granted to Hussain Abbas vest in full on the earlier of May 6, 2027, or Moderna’s next Annual Meeting of Shareholders. Vesting is contingent on his continued service with the company through that vesting date trigger.
What does one-for-one conversion mean for Moderna (MRNA) restricted stock units?
One-for-one conversion means each restricted stock unit granted to Hussain Abbas will turn into one share of Moderna common stock upon vesting. For his 8,371-unit award, full vesting would result in 8,371 common shares being issued to him.
Is Hussain Abbas’s Moderna (MRNA) Form 4 transaction a stock purchase or sale?
The Form 4 transaction is not an open-market purchase or sale. It is a grant classified as a grant, award, or other acquisition of 8,371 restricted stock units, provided as stock-based compensation rather than a voluntary market trade by the director.