Palisade Bio director awarded 592,300 RSUs
Palisade Bio director Binxian Wei reported equity compensation activity involving restricted stock units (RSUs) and common shares.
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Rhea-AI Filing Summary
Palisade Bio director Binxian Wei reported equity compensation activity involving restricted stock units (RSUs) and common shares. On June 10, 2026, Wei received a grant of 592,300 RSUs of Palisade Bio common stock at no cash cost.
The filing also shows 20,200 RSUs converting into the same number of common shares as they vested on June 10, 2026. One line reports 613,355 common shares held directly after the RSU vesting, and another reports 593,155 shares after the new RSU grant. The RSU awards are subject to service-based vesting over three annual installments tied to future stockholder meetings or specified anniversaries, so Wei must remain in service for full delivery of shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 20,200 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 592,300 | $0.00 | $0.00 |
| Exercise | Common Stock | 20,200 | $0.00 | $0.00 |
Footnotes (3)
- F1. The Reporting Person was granted restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs are subject to a service-based vesting requirement and shall vest in three equal annual installments, with the first installment vesting on the earlier of (i) the date of the 2027 annual meeting of stockholders or (ii) the anniversary of June 10, 2026, subject to the Reporting Person's continuous service with the Issuer through such date.
- F2. The Reporting Person was granted RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs vested on June 10, 2026.
- F3. The RSUs are subject to a service-based vesting requirement and shall vest in three equal annual installments, with the first installment vesting on the earlier of (i) the date of the 2026 annual meeting of stockholders or (ii) the anniversary of October 6, 2025, subject to the Reporting Person's continuous service with the Issuer through such date.
Key Figures
Key Terms
Restricted Stock Units financial
service-based vesting financial
annual installments financial
contingent right financial
grant, award, or other acquisition regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Palisade Bio (PALI) director Binxian Wei report in this Form 4?
How many RSUs were granted to Palisade Bio (PALI) director Binxian Wei?
What RSUs vested for Palisade Bio (PALI) director Binxian Wei on June 10, 2026?
What are the vesting terms of Binxian Wei’s new RSU grant at Palisade Bio (PALI)?
AI-generated analysis. How Rhea-AI works. Not financial advice.