PharmaCyte Biotech (PMCB) director details option grant, RSU vesting changes
Rhea-AI Filing Summary
PharmaCyte Biotech, Inc. reported equity award activity for director Wayne R. Walker. On 12/12/2025, 37,500 shares of common stock were acquired at $0 per share, and 16,875 shares were disposed of at $1.02 per share to satisfy tax liability upon vesting of restricted stock units, leaving 20,625 shares of common stock directly owned.
Walker also reported receiving 63,233 stock options on 04/25/2025 with an exercise price of $1.22 per share, expiring on 04/24/2035 and covering 63,233 shares of common stock. These options will vest in full on the date of the company’s next annual meeting of stockholders, subject to his continued service, and the company notes the transaction was reported late due to an inadvertent administrative error, not any error of Mr. Walker.
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FAQ
What insider transaction did PharmaCyte Biotech (PMCB) report?
The report shows director Wayne R. Walker acquiring 37,500 shares of common stock at $0 per share and 16,875 shares disposed of at $1.02 per share to cover tax withholding on restricted stock unit vesting, resulting in 20,625 shares directly owned.
How many PharmaCyte Biotech shares does the director own after the transaction?
After the reported transactions, director Wayne R. Walker beneficially owns 20,625 shares of PharmaCyte Biotech common stock in direct ownership.
What stock options did the PharmaCyte Biotech director receive?
On 04/25/2025, Walker received 63,233 stock options with an exercise price of $1.22 per share, expiring on 04/24/2035, each option corresponding to one share of PharmaCyte Biotech common stock.
When will the director’s PharmaCyte Biotech stock options vest?
The 63,233 stock options will vest in full on the date of PharmaCyte Biotech’s next annual meeting of stockholders, subject to the continued service of Mr. Walker.
Why were some PharmaCyte Biotech shares shown as disposed of in the filing?
The 16,875 shares marked as disposed of represent shares withheld by PharmaCyte Biotech to satisfy Mr. Walker’s tax liability upon vesting of restricted stock units and do not reflect an open-market sale.
Why was the PharmaCyte Biotech option grant reported late?
The company explains that the option grant transaction was reported late due to an inadvertent administrative error and states it was not due to any error by Mr. Walker.