Director at Moderna (NASDAQ: MRNA) granted 8,371 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Moderna, Inc. director Elizabeth E. Tallett received a grant of 8,371 restricted stock units on May 6, 2026. Each restricted stock unit converts into one share of Moderna common stock.
The 8,371 units will vest in full on the earlier of May 6, 2027 or Moderna's next Annual Meeting of Shareholders, as long as she continues serving the company. Following this grant, her reported direct holding from this award is 8,371 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tallett Elizabeth E
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
Post-grant RSU holdings: 8,371 units
Conversion ratio: 1 RSU = 1 share
+1 more
4 metrics
RSUs granted
8,371 units
Restricted stock unit award on May 6, 2026
Post-grant RSU holdings
8,371 units
Total restricted stock units following transaction
Conversion ratio
1 RSU = 1 share
Restricted stock units convert into common stock one-for-one
Vesting date trigger
May 6, 2027
Full vesting or earlier at next Annual Meeting of Shareholders
Key Terms
Restricted Stock Units, vest, 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 financial
"The shares subject to this restricted stock unit award will vest in full"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Moderna (MRNA) director Elizabeth Tallett report on this Form 4?
Elizabeth E. Tallett reported receiving 8,371 restricted stock units from Moderna, Inc. as a grant. These units are reported as a direct holding and represent compensation in equity form rather than a market purchase of common stock.
How many restricted stock units did the Moderna (MRNA) director receive?
The director received 8,371 restricted stock units. Each unit is linked to one share of Moderna common stock, so this grant represents potential future ownership of 8,371 shares, subject to vesting and continued service requirements.
When do Elizabeth Tallett’s Moderna (MRNA) restricted stock units vest?
The 8,371 restricted stock units will vest in full on the earlier of May 6, 2027, or Moderna’s next Annual Meeting of Shareholders. Vesting is conditioned on the recipient’s continued service to Moderna through that vesting date.
Do the Moderna (MRNA) restricted stock units automatically convert into common stock?
Yes. The filing states that restricted stock units convert into Moderna common stock on a one-for-one basis. After vesting, each unit becomes one share of common stock, giving the holder direct equity exposure in the company.
What is Elizabeth Tallett’s Moderna (MRNA) holding after this restricted stock unit grant?
After this transaction, the reported direct holding from this award is 8,371 restricted stock units. This matches the number of units granted in the filing and reflects her position in this specific equity award following the grant.