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[Form 4] Novavax Inc Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Novavax director Margaret G. McGlynn received new equity compensation grants on June 20, 2025, as reported in this Form 4 filing. The awards consist of:

  • Stock Options: 28,326 options to purchase common stock at an exercise price of $6.42, expiring June 20, 2035
  • Restricted Stock Units (RSUs): 18,884 RSUs, each convertible into one share of common stock

Both grants will fully vest on the first anniversary of the grant date (June 20, 2024), contingent on McGlynn's continued service on the Board of Directors. The options and RSUs were awarded under Novavax's Amended and Restated 2015 Stock Incentive Plan. This appears to be standard annual director compensation, providing both immediate value through RSUs and potential upside through stock options.

Margaret G. McGlynn, direttore di Novavax, ha ricevuto nuove assegnazioni di compensi azionari il 20 giugno 2025, come riportato in questo modulo Form 4. Le assegnazioni comprendono:

  • Opzioni su azioni: 28.326 opzioni per acquistare azioni ordinarie al prezzo di esercizio di 6,42 $, con scadenza il 20 giugno 2035
  • Unità azionarie vincolate (RSU): 18.884 RSU, ognuna convertibile in una azione ordinaria

Entrambe le assegnazioni matureranno completamente al primo anniversario della data di assegnazione (20 giugno 2024), a condizione che McGlynn continui a far parte del Consiglio di Amministrazione. Le opzioni e le RSU sono state concesse nell'ambito del Piano di Incentivazione Azionaria Emendato e Ristabilito del 2015 di Novavax. Si tratta probabilmente di una forma standard di compenso annuale per i direttori, che offre sia un valore immediato tramite le RSU sia un potenziale guadagno futuro tramite le opzioni su azioni.

Margaret G. McGlynn, directora de Novavax, recibió nuevas concesiones de compensación en acciones el 20 de junio de 2025, según se informa en este formulario Form 4. Las adjudicaciones consisten en:

  • Opciones sobre acciones: 28.326 opciones para comprar acciones comunes a un precio de ejercicio de 6,42 $, con vencimiento el 20 de junio de 2035
  • Unidades de acciones restringidas (RSU): 18.884 RSU, cada una convertible en una acción común

Ambas concesiones se consolidarán completamente en el primer aniversario de la fecha de otorgamiento (20 de junio de 2024), condicionado a que McGlynn continúe en el Consejo de Administración. Las opciones y RSU fueron otorgadas bajo el Plan de Incentivos de Acciones Enmendado y Restablecido de 2015 de Novavax. Esto parece ser una compensación anual estándar para directores, que ofrece tanto valor inmediato a través de las RSU como potencial de ganancia mediante las opciones sobre acciones.

노바백스 이사 마가렛 G. 맥글린은 2025년 6월 20일에 새로운 주식 보상 부여를 받았으며, 이는 본 Form 4 제출서에 보고되었습니다. 수상 내역은 다음과 같습니다:

  • 주식 매수 옵션: 행사 가격 $6.42에 보통주 28,326주를 구매할 수 있는 옵션, 만료일은 2035년 6월 20일
  • 제한 주식 단위 (RSU): 각각 보통주 1주로 전환 가능한 RSU 18,884주

두 보상 모두 부여일 1주년인 2024년 6월 20일에 완전히 권리가 확정되며, 맥글린이 이사회에서 계속 근무하는 조건입니다. 이 옵션과 RSU는 노바백스의 2015년 개정 및 재확인된 주식 인센티브 계획에 따라 부여되었습니다. 이는 표준적인 이사회 이사 연간 보상으로 보이며, RSU를 통해 즉각적인 가치를 제공하고 주식 옵션을 통해 잠재적인 상승 기회를 제공합니다.

Margaret G. McGlynn, administratrice de Novavax, a reçu de nouvelles attributions de rémunération en actions le 20 juin 2025, comme indiqué dans ce formulaire Form 4. Les attributions comprennent :

  • Options d'achat d'actions : 28 326 options permettant d'acheter des actions ordinaires au prix d'exercice de 6,42 $, expirant le 20 juin 2035
  • Unités d'actions restreintes (RSU) : 18 884 RSU, chacune convertible en une action ordinaire

Les deux attributions seront entièrement acquises à la date anniversaire de la remise (20 juin 2024), sous réserve que McGlynn continue à siéger au conseil d'administration. Les options et les RSU ont été accordées dans le cadre du plan d'incitation en actions modifié et révisé de Novavax de 2015. Il s'agit apparemment d'une rémunération annuelle standard pour les administrateurs, offrant à la fois une valeur immédiate via les RSU et un potentiel de plus-value grâce aux options d'achat d'actions.

Margaret G. McGlynn, Direktorin von Novavax, erhielt am 20. Juni 2025 neue Aktienvergütungen, wie in diesem Form 4-Meldeformular angegeben. Die Zuteilungen bestehen aus:

  • Aktienoptionen: 28.326 Optionen zum Kauf von Stammaktien zu einem Ausübungspreis von 6,42 $, mit Ablaufdatum am 20. Juni 2035
  • Restricted Stock Units (RSUs): 18.884 RSUs, die jeweils in eine Stammaktie umwandelbar sind

Beide Zuteilungen werden am ersten Jahrestag des Zuteilungsdatums (20. Juni 2024) vollständig unverfallbar, vorausgesetzt, McGlynn bleibt im Vorstand tätig. Die Optionen und RSUs wurden im Rahmen des geänderten und neu gefassten Aktienanreizplans von Novavax aus dem Jahr 2015 vergeben. Dies scheint eine übliche jährliche Vergütung für Direktoren zu sein, die sowohl sofortigen Wert durch RSUs als auch potenziellen Aufwärtsspielraum durch Aktienoptionen bietet.

Positive
  • None.
Negative
  • None.

Margaret G. McGlynn, direttore di Novavax, ha ricevuto nuove assegnazioni di compensi azionari il 20 giugno 2025, come riportato in questo modulo Form 4. Le assegnazioni comprendono:

  • Opzioni su azioni: 28.326 opzioni per acquistare azioni ordinarie al prezzo di esercizio di 6,42 $, con scadenza il 20 giugno 2035
  • Unità azionarie vincolate (RSU): 18.884 RSU, ognuna convertibile in una azione ordinaria

Entrambe le assegnazioni matureranno completamente al primo anniversario della data di assegnazione (20 giugno 2024), a condizione che McGlynn continui a far parte del Consiglio di Amministrazione. Le opzioni e le RSU sono state concesse nell'ambito del Piano di Incentivazione Azionaria Emendato e Ristabilito del 2015 di Novavax. Si tratta probabilmente di una forma standard di compenso annuale per i direttori, che offre sia un valore immediato tramite le RSU sia un potenziale guadagno futuro tramite le opzioni su azioni.

Margaret G. McGlynn, directora de Novavax, recibió nuevas concesiones de compensación en acciones el 20 de junio de 2025, según se informa en este formulario Form 4. Las adjudicaciones consisten en:

  • Opciones sobre acciones: 28.326 opciones para comprar acciones comunes a un precio de ejercicio de 6,42 $, con vencimiento el 20 de junio de 2035
  • Unidades de acciones restringidas (RSU): 18.884 RSU, cada una convertible en una acción común

Ambas concesiones se consolidarán completamente en el primer aniversario de la fecha de otorgamiento (20 de junio de 2024), condicionado a que McGlynn continúe en el Consejo de Administración. Las opciones y RSU fueron otorgadas bajo el Plan de Incentivos de Acciones Enmendado y Restablecido de 2015 de Novavax. Esto parece ser una compensación anual estándar para directores, que ofrece tanto valor inmediato a través de las RSU como potencial de ganancia mediante las opciones sobre acciones.

노바백스 이사 마가렛 G. 맥글린은 2025년 6월 20일에 새로운 주식 보상 부여를 받았으며, 이는 본 Form 4 제출서에 보고되었습니다. 수상 내역은 다음과 같습니다:

  • 주식 매수 옵션: 행사 가격 $6.42에 보통주 28,326주를 구매할 수 있는 옵션, 만료일은 2035년 6월 20일
  • 제한 주식 단위 (RSU): 각각 보통주 1주로 전환 가능한 RSU 18,884주

두 보상 모두 부여일 1주년인 2024년 6월 20일에 완전히 권리가 확정되며, 맥글린이 이사회에서 계속 근무하는 조건입니다. 이 옵션과 RSU는 노바백스의 2015년 개정 및 재확인된 주식 인센티브 계획에 따라 부여되었습니다. 이는 표준적인 이사회 이사 연간 보상으로 보이며, RSU를 통해 즉각적인 가치를 제공하고 주식 옵션을 통해 잠재적인 상승 기회를 제공합니다.

Margaret G. McGlynn, administratrice de Novavax, a reçu de nouvelles attributions de rémunération en actions le 20 juin 2025, comme indiqué dans ce formulaire Form 4. Les attributions comprennent :

  • Options d'achat d'actions : 28 326 options permettant d'acheter des actions ordinaires au prix d'exercice de 6,42 $, expirant le 20 juin 2035
  • Unités d'actions restreintes (RSU) : 18 884 RSU, chacune convertible en une action ordinaire

Les deux attributions seront entièrement acquises à la date anniversaire de la remise (20 juin 2024), sous réserve que McGlynn continue à siéger au conseil d'administration. Les options et les RSU ont été accordées dans le cadre du plan d'incitation en actions modifié et révisé de Novavax de 2015. Il s'agit apparemment d'une rémunération annuelle standard pour les administrateurs, offrant à la fois une valeur immédiate via les RSU et un potentiel de plus-value grâce aux options d'achat d'actions.

Margaret G. McGlynn, Direktorin von Novavax, erhielt am 20. Juni 2025 neue Aktienvergütungen, wie in diesem Form 4-Meldeformular angegeben. Die Zuteilungen bestehen aus:

  • Aktienoptionen: 28.326 Optionen zum Kauf von Stammaktien zu einem Ausübungspreis von 6,42 $, mit Ablaufdatum am 20. Juni 2035
  • Restricted Stock Units (RSUs): 18.884 RSUs, die jeweils in eine Stammaktie umwandelbar sind

Beide Zuteilungen werden am ersten Jahrestag des Zuteilungsdatums (20. Juni 2024) vollständig unverfallbar, vorausgesetzt, McGlynn bleibt im Vorstand tätig. Die Optionen und RSUs wurden im Rahmen des geänderten und neu gefassten Aktienanreizplans von Novavax aus dem Jahr 2015 vergeben. Dies scheint eine übliche jährliche Vergütung für Direktoren zu sein, die sowohl sofortigen Wert durch RSUs als auch potenziellen Aufwärtsspielraum durch Aktienoptionen bietet.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MCGLYNN MARGARET G

(Last) (First) (Middle)
700 QUINCE ORCHARD ROAD

(Street)
GAITHERSBURG MD 20878

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NOVAVAX INC [ NVAX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $6.42 06/20/2025 A 28,326 (3) 06/20/2035 Common Stock 28,326 $6.42 28,326 D
Restricted Stock Units (1) 06/20/2025 A 18,884 (2) (2) Common Stock 18,884 $0 18,884 D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Novavax, Inc. (the "Company") common stock.
2. One hundred percent (100%) of the RSUs subject to this grant under the Company's Amended and Restated 2015 Stock Incentive Plan, as amended, vested on the first anniversary of the June 20, 2024 grant date subject to continued service on the Company's Board of Directors through the vesting date.
3. One hundred percent (100%) of the shares subject to this option grant under the Amended and Restated 2015 Stock Incentive Plan, as amended, will vest on the first anniversary of the June 20, 2024 grant date subject to continued service on the Company's Board of Directors through the vesting date.
/s/Mark J. Casey, Attorney-in-Fact 06/24/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What stock compensation did NVAX director Margaret McGlynn receive on June 20, 2025?

Margaret McGlynn received two forms of stock compensation on June 20, 2025: (1) a stock option grant for 28,326 shares with an exercise price of $6.42, and (2) 18,884 restricted stock units (RSUs). Both grants were made under Novavax's Amended and Restated 2015 Stock Incentive Plan.

When do Margaret McGlynn's NVAX stock options and RSUs vest?

Both the stock options and RSUs vest 100% on the first anniversary of the grant date (June 20, 2024), subject to continued service on Novavax's Board of Directors through the vesting date. The stock options have an expiration date of June 20, 2035.

What is the exercise price of NVAX director McGlynn's stock options granted in June 2025?

The stock options were granted with an exercise price of $6.42 per share.

How many shares of NVAX stock could Margaret McGlynn acquire through her June 2025 grants?

Through the June 2025 grants, McGlynn could acquire a total of 47,210 shares of NVAX common stock - 28,326 shares through stock options and 18,884 shares through RSUs, assuming all vesting conditions are met.
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Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States
GAITHERSBURG