PACIFIC BIOSCIENCES (PACB) CEO granted 1.97M options and 489K RSUs
Rhea-AI Filing Summary
PACIFIC BIOSCIENCES OF CALIFORNIA, INC. reports that President & CEO Mark Van Oene received equity awards on August 10, 2026. He was granted a stock option for 1,967,888 shares of common stock at an exercise price of $1.15 per share, vesting in 36 equal monthly installments beginning September 10, 2026, and expiring August 10, 2036. He also received 489,130 Restricted Stock Units (RSUs), vesting in equal annual installments on August 10 of 2027, 2028, and 2029, in each case subject to continued service. Following these grants, his directly held common stock position is 2,732,764 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 489,130 shares
Net Buy
2 txns
Insider
Van Oene Mark
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) F2 | 1,967,888 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 489,130 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 1,967,888 shares (Direct);
Common Stock — 2,732,764 shares (Direct)
Footnotes (2)
- F1. Each share is represented by a Restricted Stock Unit ("RSU"). The RSUs will vest in equal annual installments on August 10 of each of 2027, 2028, and 2029, subject to the Reporting Person's continued status as a service provider through the applicable vesting dates.
- F2. The shares subject to the option will vest in 36 equal monthly installments beginning on September 10, 2026, subject to the Reporting Person's continued status as a service provider through the applicable vesting dates.
Key Figures
Stock options granted: 1,967,888 shares
Option exercise price: $1.15 per share
Option expiration: August 10, 2036
+4 more
7 metrics
Stock options granted
1,967,888 shares
Option grant on August 10, 2026 to President & CEO
Option exercise price
$1.15 per share
Exercise price for 1,967,888-share stock option
Option expiration
August 10, 2036
Expiration date of CEO stock option grant
RSUs granted
489,130
Restricted Stock Units granted August 10, 2026
Common shares after grant
2,732,764 shares
Directly held PACB common stock after RSU grant
Option vesting schedule
36 monthly installments
Monthly vesting beginning September 10, 2026
RSU vesting years
2027, 2028, 2029
Annual vesting dates on August 10 of each year
Key Terms
Restricted Stock Unit ("RSU"), Stock Option (right to buy), vesting, exercise price
4 terms
Restricted Stock Unit ("RSU") financial
"Each share is represented by a Restricted Stock Unit ("RSU")."
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
vesting financial
"The RSUs will vest in equal annual installments on August 10"
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.
exercise price financial
"conversion_or_exercise_price: 1.1500"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did PACB CEO Mark Van Oene receive on August 10, 2026?
Mark Van Oene received a stock option for 1,967,888 shares at $1.15 per share and 489,130 RSUs. These awards are part of his compensation and vest over multi-year schedules tied to continued service.
How do the new RSUs granted to PACB CEO Mark Van Oene vest?
The 489,130 RSUs granted to Mark Van Oene vest in three equal annual installments on August 10 of 2027, 2028, and 2029, subject to his continued status as a service provider through each applicable vesting date.
What are the vesting terms of Mark Van Oene’s new PACB stock option?
The stock option for 1,967,888 shares at $1.15 per share vests in 36 equal monthly installments starting September 10, 2026, conditioned on his continued service, and expires on August 10, 2036.
Are Mark Van Oene’s new PACB equity awards immediately exercisable or vested?
No. The 1,967,888-share option and 489,130 RSUs vest over time. The option vests monthly over 36 months from September 10, 2026, and the RSUs vest in three annual tranches from August 10, 2027, subject to continued service.