Plus Therapeutics CEO gains 361,313 shares from RSUs
PLUS THERAPEUTICS, INC.
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Form Type
4
Rhea-AI Filing Summary
PLUS THERAPEUTICS, INC. Chief Executive Officer Marc H. Hedrick exercised restricted stock units into common shares in a compensation-related transaction. He acquired a total of 361,313 shares of Common Stock on April 1, 2026 through derivative exercises at a per-share price of $0.00.
The filing shows two RSU conversions of 159,681 and 201,632 units, each RSU representing a contingent right to one common share. Following these transactions, Hedrick directly holds 701,100 shares of Common Stock. The transactions involve no open-market purchases or sales and reflect the vesting and settlement of prior equity awards.
Insider Trade Summary
361,313 shares exercised/converted
Exercise
4 txns
Insider
HEDRICK MARC H
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 159,681 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 201,632 | $0.00 | $0.00 |
| Exercise | Common Stock | 159,681 | $0.00 | $0.00 |
| Exercise | Common Stock | 201,632 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 3,655,075 contracts (Direct);
Common Stock — 701,100 shares (Direct)
Footnotes (3)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the issuer's Common Stock.
- F2. Represents the vesting of an RSU grant which occurs in twelve substantially equal quarterly installments beginning on October 1, 2025.
- F3. Represents the vesting of an RSU grant which occurs in twelve substantially equal quarterly installments beginning on April 1, 2026.
Key Figures
RSU exercise 1: 159,681 shares
RSU exercise 2: 201,632 shares
Total shares acquired via RSUs: 361,313 shares
+2 more
5 metrics
RSU exercise 1
159,681 shares
RSUs converted to Common Stock on April 1, 2026
RSU exercise 2
201,632 shares
RSUs converted to Common Stock on April 1, 2026
Total shares acquired via RSUs
361,313 shares
Exercise or conversion of derivative securities
Common shares after transaction
701,100 shares
Directly held by CEO following RSU conversions
Exercise price per share
$0.00 per share
For RSU-to-common stock conversions
Key Terms
Restricted Stock Units, contingent right, vesting, exercise or conversion of derivative security, +1 more
5 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive one share of the issuer's Common Stock"
vesting financial
"Represents the vesting of an RSU grant which occurs in twelve substantially equal quarterly installments"
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 or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
Common Stock financial
"underlying_security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did PSTV CEO Marc Hedrick report in this Form 4 filing?
Marc Hedrick reported acquiring shares through RSU exercises. He converted restricted stock units into 361,313 shares of Plus Therapeutics common stock at $0.00 per share as part of equity compensation vesting, not through open-market buying or selling.
Were there any open-market buys or sells by PSTV’s CEO in this Form 4?
No, there were no open-market buys or sells. All reported transactions are coded as option or derivative exercises at $0.00, reflecting settlement of restricted stock units into common shares as compensation rather than discretionary trading in the market.
What do the exercised restricted stock units represent for Plus Therapeutics (PSTV)?
Each restricted stock unit represents a contingent right to receive one share of common stock. The Form 4 shows RSUs converting into 159,681 and 201,632 shares, indicating vesting and settlement of the CEO’s prior equity awards into Plus Therapeutics common shares.
Is the CEO’s RSU exercise in PSTV a routine compensation event?
The transactions appear as routine compensation-related vesting. They involve derivative exercise code “M” at $0.00 per share, converting restricted stock units into common stock based on pre-established vesting schedules rather than signaling new open-market trading decisions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
