Q32 Bio CEO granted 132,000 performance-based RSUs
Q32 Bio Inc. CEO Jodie Pope Morrison reported an acquisition of 132,000 shares of common stock tied to performance-based restricted stock units granted on July 6, 2026.
Rhea-AI Filing Summary
Q32 Bio Inc. CEO Jodie Pope Morrison reported an acquisition of 132,000 shares of common stock tied to performance-based restricted stock units granted on July 6, 2026. The PSUs met a financing performance condition and remain subject to quarterly vesting over three years, bringing her direct holdings to 353,104 shares.
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Insider Trade Summary
Grant/Award: 132,000 shares
Grant/Award
1 txn
Insider
Morrison Jodie Pope
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 132,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 353,104 shares (Direct)
Footnotes (1)
- F1. Represents shares of Issuer common stock underlying performance-based restricted stock units ("PSUs") granted on July 6, 2026, which vested on July 16, 2026 with respect to a performance-based condition, upon achievement of the closing of a financing of at least $100,000,000 in gross proceeds on or before December 31, 2026. Such PSUs are also subject to a time-based condition, which provides that the PSUs shall vest in equal quarterly installments over three years from July 1, 2026, subject to the Reporting Person's continued service to the Issuer through each applicable vesting date. Each PSU represents a contingent right to receive one share of Issuer common stock.
Key Figures
PSUs underlying common stock: 132,000 shares
Shares held after award: 353,104 shares
Financing performance threshold: $100,000,000
+3 more
6 metrics
PSUs underlying common stock
132,000 shares
Performance-based restricted stock units reported as acquired on July 16, 2026
Shares held after award
353,104 shares
Direct common stock holdings of Jodie Pope Morrison following the transaction
Financing performance threshold
$100,000,000
Gross proceeds required to satisfy the PSUs’ performance condition on or before December 31, 2026
Time-based vesting period
three years
PSUs vest in equal quarterly installments over three years from July 1, 2026
PSU grant date
July 6, 2026
Date the performance-based restricted stock units were granted
Performance vesting date
July 16, 2026
Date the PSUs vested with respect to the performance-based condition
Key Terms
performance-based restricted stock units, time-based condition, gross proceeds, contingent right
4 terms
performance-based restricted stock units financial
"Represents shares of Issuer common stock underlying performance-based restricted stock units ("PSUs") granted"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
time-based condition financial
"Such PSUs are also subject to a time-based condition, which provides that the PSUs"
gross proceeds financial
"upon achievement of the closing of a financing of at least $100,000,000 in gross proceeds on or before"
The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.
contingent right financial
"Each PSU represents a contingent right to receive one share of Issuer common stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did Q32 Bio (QTTB) CEO Jodie Pope Morrison report?
Jodie Pope Morrison reported acquiring 132,000 shares of common stock tied to performance-based restricted stock units (PSUs). These shares reflect PSUs that satisfied a financing performance condition and are also subject to a three-year, time-based vesting schedule.
What performance condition is attached to the Q32 Bio (QTTB) CEO’s PSUs?
The PSUs are tied to a financing condition requiring at least $100,000,000 in gross proceeds from a closing on or before December 31, 2026. Achievement of this condition governs the performance-based vesting of the units.
What is the vesting schedule for the Q32 Bio (QTTB) CEO’s PSUs?
The PSUs are subject to a time-based condition and vest in equal quarterly installments over three years from July 1, 2026. Vesting is contingent on the CEO’s continued service through each applicable vesting date.
When were the Q32 Bio (QTTB) CEO’s PSUs granted and when did the performance condition vest?
The PSUs were granted on July 6, 2026 and vested with respect to their performance-based condition on July 16, 2026, upon achievement of the specified financing threshold.
AI-generated analysis. How Rhea-AI works. Not financial advice.