PTC Therapeutics (PTCT) CTO awarded 17,500 RSUs and 43,750-share option
Rhea-AI Filing Summary
PTC Therapeutics chief technical operations officer Neil Gregory Almstead received new equity awards in the company. On January 2, 2026 he was granted 17,500 restricted stock units that vest in four equal annual installments starting January 2, 2027. He also indirectly holds 6,956 shares of common stock through his spouse, including 520 shares from this grant and 257 shares acquired under the employee stock purchase plan for the period ended December 31, 2025.
In addition, he received a stock option for 43,750 shares of common stock at an exercise price of $76.74 per share. This option was granted on January 2, 2026 and vests over four years, with 25% vesting on January 2, 2027 and a further 6.25% of the original shares vesting at the end of each successive three‑month period beginning April 2, 2027. After these transactions he beneficially owns 118,382 shares directly and the 6,956 shares indirectly.
Positive
- None.
Negative
- None.
FAQ
What equity awards did PTC Therapeutics (PTCT) grant to Neil Gregory Almstead?
On January 2, 2026, Neil Gregory Almstead received 17,500 restricted stock units of PTC Therapeutics common stock and a stock option for 43,750 shares with an exercise price of
How do the new restricted stock units for PTCT's CTO vest?
The 17,500 restricted stock units granted on
What is the vesting schedule of the new stock option granted to the PTC Therapeutics officer?
The 43,750-share stock option granted on
How many PTC Therapeutics shares does Neil Gregory Almstead own after these transactions?
Following the reported grants, Neil Gregory Almstead beneficially owns 118,382 shares of PTC Therapeutics common stock directly and 6,956 shares indirectly through his spouse.
What indirect PTC Therapeutics share ownership is reported for the officer and how was it acquired?
Almstead indirectly owns 6,956 shares of PTC Therapeutics common stock by spouse, which includes 520 shares from the January 2, 2026 grant and 257 shares acquired under the employee stock purchase plan for the period ended
Did the PTC Therapeutics officer pay for the new stock and option grants?
The Form 4 shows the 17,500 restricted stock units, the 520 indirect shares, and the 43,750-share stock option were all reported at a price of $0, indicating they were granted as compensation rather than purchased in the market.