PTC Therapeutics (PTCT) awards stock units and options to director
Rhea-AI Filing Summary
PTC Therapeutics director Jerome B. Zeldis reported new equity awards from the company. On January 2, 2026, he received 4,000 shares of common stock in the form of restricted stock units, bringing his directly held common shares to 22,500. These RSUs vest over one year, with five-twelfths vesting on June 2, 2026 and the remaining seven-twelfths on January 2, 2027. He has elected to defer receipt of all vested shares until the earliest of four years from grant, six months after separation of service, a change in control event, or death.
On the same date, he was also granted a stock option for 3,475 shares of common stock with an exercise price of $76.74 per share. This option vests in twelve equal monthly installments over one year starting February 2, 2026 and expires on January 1, 2036.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 3,475 | $0.00 | -- |
| Grant/Award | Common Stock | 4,000 | $0.00 | -- |
Footnotes (1)
- Restricted stock units granted on January 2, 2026 that vest over one year, with five-twelfths (5/12) of the shares underlying the RSUs vesting on June 2, 2026 and the remaining seven-twelfths (7/12) of the original shares underlying the RSUs vesting on January 2, 2027. The Reporting Person has elected to defer receipt of all vested shares until the earliest to occur of (i) four years from the date of grant and (ii) the earliest to occur of (a) the date that is six months following separation of service from the Issuer, (b) a change in control event and (c) death. This option was granted on January 2, 2026 and vests over one year in twelve equal monthly installments, commencing on February 2, 2026.
FAQ
What equity awards did PTC Therapeutics (PTCT) director Jerome B. Zeldis receive?
Jerome B. Zeldis received 4,000 restricted stock units of PTC Therapeutics common stock and a stock option for 3,475 shares with an exercise price of $76.74 per share, both granted on January 2, 2026.
How do the new RSUs granted to Jerome B. Zeldis at PTC Therapeutics vest?
The 4,000 RSUs granted on January 2, 2026 vest over one year: five-twelfths of the shares vest on June 2, 2026 and the remaining seven-twelfths vest on January 2, 2027.
What are the key terms of Jerome B. Zeldis’s stock option from PTC Therapeutics?
The stock option covers 3,475 shares of common stock at an exercise price of $76.74 per share. It was granted on January 2, 2026, vests in twelve equal monthly installments starting February 2, 2026, and expires on January 1, 2036.
Is Jerome B. Zeldis a 10% owner of PTC Therapeutics based on this filing?
The filing identifies Jerome B. Zeldis as a director of PTC Therapeutics and does not mark him as a 10% owner.