Director at OmniAb (NASDAQ: OABI) gains 13,333 shares via RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OmniAb, Inc. director Philip J. Gotwals reported an exercise of restricted stock units into common shares. On April 21, 2026, 13,333 Restricted Stock Units converted into 13,333 shares of Common Stock at a stated price of $0.0000 per share.
Following the transaction, he directly holds 13,333 shares of Common Stock and 46,667 Restricted Stock Units. The RSUs vest in three substantially equal annual installments beginning April 21, 2026, subject to his continued service with OmniAb through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
13,333 shares exercised/converted
Mixed
2 txns
Insider
Gotwals Philip J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 13,333 | $0.00 | -- |
| Exercise | Common Stock | 13,333 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 46,667 shares (Direct, null);
Common Stock — 13,333 shares (Direct, null)
Footnotes (1)
- Represents the vesting of an RSU which occurs in three substantially equal annual installments, beginning April 21, 2026, subject to the Reporting Person's continued service to the Issuer through each such vesting date. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
Key Figures
Common shares acquired: 13,333 shares
RSUs converted: 13,333 units
RSUs held after: 46,667 units
+2 more
5 metrics
Common shares acquired
13,333 shares
Common Stock received on April 21, 2026 from RSU conversion
RSUs converted
13,333 units
Restricted Stock Units that converted into common stock
RSUs held after
46,667 units
Restricted Stock Units remaining after the reported transaction
Stated price per share
$0.0000 per share
Conversion price for RSUs into common stock
RSU vesting start date
April 21, 2026
First of three substantially equal annual vesting installments
Key Terms
Restricted Stock Unit, contingent right, derivative security, vesting
4 terms
Restricted Stock Unit financial
"Represents the vesting of an RSU which occurs in three substantially equal annual installments"
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.
contingent right financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
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
"Represents the vesting of an RSU which occurs in three substantially equal annual installments"
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 insider transaction did OmniAb (OABI) director Philip Gotwals report?
Philip J. Gotwals reported the conversion of Restricted Stock Units into common stock. On April 21, 2026, 13,333 RSUs converted into 13,333 shares of OmniAb common stock at a stated price of $0.0000 per share, increasing his direct share ownership.
What are Restricted Stock Units (RSUs) in the OmniAb (OABI) Form 4 filing?
In this filing, each Restricted Stock Unit represents a contingent right to receive one share of OmniAb common stock. RSUs are a form of equity compensation that convert into actual shares as they vest according to the company’s vesting schedule and service conditions.
What is the vesting schedule for Philip Gotwals’ OmniAb (OABI) RSUs?
The RSUs vest in three substantially equal annual installments beginning April 21, 2026. Vesting is conditioned on Philip Gotwals’ continued service to OmniAb through each vesting date, meaning unvested units could be forfeited if service ends earlier.