Neurocrine Biosciences (NBIX) director receives 2,567 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
POON CHRISTINE A reported acquisition or exercise transactions in this Form 4 filing.
NEUROCRINE BIOSCIENCES INC director Christine A. Poon reported an equity compensation grant of 2,567 Restricted Stock Units. Each RSU represents one share of common stock upon vesting, and the entire award is scheduled to vest in full on May 27, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
POON CHRISTINE A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restriced Stock Unit | 2,567 | $0.00 | -- |
Holdings After Transaction:
Restriced Stock Unit — 2,567 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's common stock upon vesting. The RSUs will vest in full on May 27, 2027.
Key Figures
RSUs granted: 2,567 units
RSU vesting date: May 27, 2027
Shares after transaction: 2,567 shares
+1 more
4 metrics
RSUs granted
2,567 units
Restricted Stock Units awarded to director Christine A. Poon
RSU vesting date
May 27, 2027
RSUs vest in full on this date
Shares after transaction
2,567 shares
Total underlying common shares following RSU grant
RSU grant price
$0.0000 per unit
Equity compensation, non-cash grant
Key Terms
Restricted Stock Unit, vest in full, common stock
3 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's common stock upon vesting."
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.
vest in full financial
"The RSUs will vest in full on May 27, 2027."
common stock financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's common stock upon vesting."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did NBIX director Christine Poon report?
Christine A. Poon reported receiving a grant of 2,567 Restricted Stock Units in Neurocrine Biosciences. This is an equity compensation award, not an open-market purchase or sale of existing shares, and is recorded as an acquisition on the Form 4 filing.
How many Neurocrine Biosciences (NBIX) RSUs were granted to the director?
The director received 2,567 Restricted Stock Units from Neurocrine Biosciences. Each RSU represents the right to receive one share of common stock upon vesting, giving the award a direct link to the company’s equity when the units fully vest.
When do Christine Poon’s NBIX Restricted Stock Units vest?
The 2,567 Restricted Stock Units granted to Christine A. Poon vest in full on May 27, 2027. On that vesting date, each RSU converts into one share of Neurocrine Biosciences common stock, assuming all standard vesting conditions are satisfied.
What does each Neurocrine Biosciences RSU granted to the director represent?
Each Restricted Stock Unit granted to the director represents the right to receive one share of Neurocrine Biosciences common stock. The conversion happens automatically upon vesting, aligning the director’s compensation more closely with future company share performance.