Myriad Genetics director granted 59,701 RSUs
Phanstiel S. Louise reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Phanstiel S. Louise reported acquisition or exercise transactions in this Form 4 filing.
Myriad Genetics Inc. director S. Louise Phanstiel received an equity award of 59,701 restricted stock units (RSUs). The award was granted under the company’s 2026 Employee, Director and Consultant Equity Incentive Plan at no cash cost to the director.
Each RSU represents a contingent right to receive one share of Myriad Genetics common stock and will vest upon the earlier of the first anniversary of the grant date or the next annual meeting of stockholders following the grant. After this grant, Phanstiel directly holds 341,652 shares of common stock, reflecting her updated ownership position including the new award.
Insider Trade Summary
Grant/Award: 59,701 shares
Grant/Award
1 txn
Insider
Phanstiel S. Louise
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 59,701 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 341,652 shares (Direct)
Footnotes (1)
- F1. Consists of restricted stock units granted pursuant to the Issuer's 2026 Employee, Director and Consultant Equity Incentive Plan, as amended. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock and vests upon the earlier of (a) the first anniversary of the date of grant or (b) the date of the next annual meeting of stockholders following such grant.
Key Figures
RSUs granted: 59,701 units
Grant price per unit: $0.00
Shares owned after grant: 341,652 shares
+1 more
4 metrics
RSUs granted
59,701 units
Restricted stock unit award to director on 2026-06-04
Grant price per unit
$0.00
RSU award issued at no cash cost
Shares owned after grant
341,652 shares
Director’s direct holdings following RSU award
Vesting schedule
Earlier of 1 year or next annual meeting
RSU vesting terms tied to grant date or stockholder meeting
Key Terms
restricted stock units, contingent right, Equity Incentive Plan, vests
4 terms
restricted stock units financial
"Consists of restricted stock units granted pursuant to the Issuer's 2026 Employee, Director and Consultant Equity Incentive Plan"
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock"
Equity Incentive Plan financial
"granted pursuant to the Issuer's 2026 Employee, Director and Consultant Equity Incentive Plan, as amended"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
vests financial
"and vests upon the earlier of (a) the first anniversary of the date of grant or (b) the date of the next annual meeting of stockholders"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Myriad Genetics (MYGN) report for S. Louise Phanstiel?
Myriad Genetics reported that director S. Louise Phanstiel received a grant of 59,701 restricted stock units. These units were awarded at no cash cost under the 2026 Employee, Director and Consultant Equity Incentive Plan as part of her equity-based compensation.
What are the vesting terms of the 59,701 restricted stock units granted by Myriad Genetics (MYGN)?
The 59,701 restricted stock units vest upon the earlier of the first anniversary of the grant date or the next annual meeting of stockholders. Each vested unit will deliver one share of Myriad Genetics common stock to S. Louise Phanstiel.
Under which plan were the Myriad Genetics (MYGN) restricted stock units granted to S. Louise Phanstiel?
The restricted stock units were granted under Myriad Genetics’ 2026 Employee, Director and Consultant Equity Incentive Plan, as amended. This plan provides equity-based awards, such as RSUs, to employees, directors, and consultants to align their interests with shareholders.
AI-generated analysis. How Rhea-AI works. Not financial advice.
