Moderna (MRNA) CFO exercises 2,475 RSUs, 1,197 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Moderna, Inc. Chief Financial Officer James M. Mock reported routine equity compensation activity involving restricted stock units and related tax withholding. He exercised 2,475 restricted stock units, which convert into common stock on a one-for-one basis, adding the same number of common shares.
To cover tax withholding obligations on this vesting, 1,197 common shares were withheld, at a value of $47.19 per share, rather than sold in the open market. Following these transactions, Mock directly holds 60,791 shares of common stock and 27,230 restricted stock units subject to future vesting under the disclosed schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,475 shares exercised/converted
Mixed
3 txns
Insider
Mock James M
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,475 | $0.00 | -- |
| Exercise | Common Stock | 2,475 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,197 | $47.19 | $56K |
Holdings After Transaction:
Restricted Stock Units — 27,230 shares (Direct, null);
Common Stock — 60,791 shares (Direct, null)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. Represents shares withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the vest of restricted stock units. 25% of the shares subject to this restricted stock unit award vested on March 1, 2026 with the remainder vesting in twelve (12) equal quarterly installments thereafter.
Key Figures
RSUs exercised: 2,475 units
Shares withheld for taxes: 1,197 shares
Tax withholding share value: $47.19 per share
+3 more
6 metrics
RSUs exercised
2,475 units
Restricted stock units converting one-for-one into common stock
Shares withheld for taxes
1,197 shares
Common stock withheld to satisfy tax obligations on RSU vesting
Tax withholding share value
$47.19 per share
Value of common shares withheld for tax obligations
Common shares after transaction
60,791 shares
Direct common stock holdings of James M. Mock following transactions
RSUs remaining
27,230 units
Restricted stock units held after reported vesting and conversion
Net buy/sell shares
0 shares
transactionSummary netBuySellShares indicates neutral net trading
Key Terms
Restricted Stock Units, tax withholding obligations, derivative security, vesting
4 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.
tax withholding obligations financial
"Represents shares withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the vest of restricted stock units."
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"25% of the shares subject to this restricted stock unit award vested on March 1, 2026 with the remainder vesting in twelve (12) equal quarterly installments 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.
FAQ
What did Moderna (MRNA) CFO James Mock report in this Form 4?
Moderna CFO James M. Mock reported routine equity compensation activity. He exercised 2,475 restricted stock units into common stock and had 1,197 common shares withheld to satisfy tax obligations tied to the vesting event.
What are James Mock’s Moderna common stock holdings after the transactions?
After the reported transactions, James M. Mock directly holds 60,791 shares of Moderna common stock. This figure reflects the net result after receiving 2,475 shares from restricted stock unit conversion and having 1,197 shares withheld for taxes.
How many restricted stock units does the Moderna CFO still hold?
Following the vesting and conversion event, James M. Mock holds 27,230 restricted stock units. A footnote explains that 25% of this award vested on March 1, 2026, with the remaining units vesting in twelve equal quarterly installments thereafter.
Does this Moderna Form 4 show any open-market stock sales by the CFO?
The Form 4 does not show any open-market sales by James M. Mock. It reports a tax-withholding disposition of 1,197 shares at $47.19 per share, tied to restricted stock unit vesting, and the exercise of restricted stock units into common shares.