Palisade Bio director granted 336,904 RSUs
Zwick Jordan Michael reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Zwick Jordan Michael reported acquisition or exercise transactions in this Form 4 filing.
Palisade Bio director Jordan Michael Zwick reported receiving a grant of 336,904 shares of Common Stock in the form of Restricted Stock Units as compensation. These RSUs carry a zero dollar grant price and will vest in three equal annual installments starting on June 10, 2026, contingent on his continued service with the company. After this award, the filing shows Zwick holding 336,904 shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 336,904 | $0.00 | $0.00 |
Footnotes (1)
- F1. Each Restricted Stock Unit ("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 anniversary of June 10, 2026, subject to the Reporting Person's continuous service with the Issuer through such date.
Key Figures
Key Terms
Restricted Stock Unit ("RSU") financial
service-based vesting requirement financial
contingent right to receive financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Palisade Bio (PALI) director Jordan Michael Zwick report in this Form 4?
How many Palisade Bio (PALI) RSUs were granted to Jordan Michael Zwick?
What is the vesting schedule for Jordan Michael Zwick’s RSUs at Palisade Bio (PALI)?
Is Jordan Michael Zwick’s Palisade Bio (PALI) RSU grant an open-market stock purchase?
What does a Restricted Stock Unit (RSU) mean in Palisade Bio (PALI)’s Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.