Vaxcyte grants CMO RSUs, options on 140K shares
Vaxcyte granted its Chief Medical Officer a sizable mix of RSUs and stock options with time-based vesting tied to continued service.
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Rhea-AI Filing Summary
Vaxcyte, Inc. (PCVX) reported that Chief Medical Officer Luis Jodar received new equity awards on September 4, 2026. He was granted 52,632 restricted stock units, each representing one share of common stock, and a stock option for 88,254 shares at an exercise price of $61.16 per share, expiring September 4, 2036. The RSUs vest 25% on September 7, 2027 and 12.5% every six months thereafter, and the option vests 25% on August 31, 2027 and monthly thereafter, in each case subject to his continued service. No Rule 10b5-1 trading plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) F2 | 88,254 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 52,632 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents the number of shares of Common Stock underlying restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's Common Stock. The RSUs vest as to 1/4 of the shares subject to the award on September 7, 2027 and 1/8 of the shares every six months thereafter, subject to Reporting Person's continuous service with the Issuer through each such date.
- F2. 1/4 of the shares subject to the option shall vest on August 31, 2027, and 1/48 of the shares shall vest monthly thereafter, subject to Reporting Person's continuous service with the Issuer through each such date.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
contingent right financial
vest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Vaxcyte (PCVX) grant to its Chief Medical Officer?
How do the new RSUs for Vaxcyte (PCVX) Chief Medical Officer vest?
What is the vesting schedule of the new Vaxcyte (PCVX) stock option?
What is the exercise price and expiration date of the new Vaxcyte (PCVX) option?
Were the Vaxcyte (PCVX) equity awards to the Chief Medical Officer made under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.