Director at AVITA Medical (NASDAQ: RCEL) granted RSUs and options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AVITA Medical, Inc. director Jan Stern Reed reported equity awards consisting of restricted stock units and options. Reed received 22,214 restricted stock units, each representing one share of common stock, that vest 12 months after the January 20, 2026 grant date and were subject to stockholder approval obtained on June 3, 2026.
On the same grant date, Reed was also granted 16,133 stock options to buy 16,133 shares of common stock at an exercise price of $3.77 per share, with an expiration date of January 20, 2036, also approved by stockholders on June 3, 2026. Following the equity award, Reed directly holds 73,225 shares of common stock, including unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
REED JAN STERN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 16,133 | $0.00 | -- |
| Grant/Award | Common Stock | 22,214 | $0.00 | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 16,133 shares (Direct, null);
Common Stock — 73,225 shares (Direct, null)
Footnotes (1)
- Represents an award of restricted stock units (the "RSUs"), each RSU representing a contingent right to be issued one share of Common Stock of the Company (the "Common Stock"), that are subject to time-based vesting criteria. These RSUs vest on the date 12 months following the grant date of January 20, 2026. This grant of RSUs was subject to the approval of the Company's stockholders, which was obtained on June 3, 2026. Includes unvested RSUs. On January 5, 2026, the Board of Directors approved a grant of 16,133 options to acquire 16,133 shares of Common Stock to each of its non-executive directors, with a grant date of January 20, 2026 (the "Grant Date") and an exercise price equal to the closing price of a share of Common Stock on Nasdaq on the Grant Date of $3.77. This option grant was subject to the approval of the Company's stockholders, which was obtained on June 3, 2026.
Key Figures
RSUs granted: 22,214 units
RSU vesting schedule: 12 months after grant
Options granted: 16,133 options
+3 more
6 metrics
RSUs granted
22,214 units
Restricted stock units granted on January 20, 2026
RSU vesting schedule
12 months after grant
Vesting based on January 20, 2026 grant date
Options granted
16,133 options
Stock options to buy common stock granted January 20, 2026
Option exercise price
$3.77 per share
Exercise price equal to Nasdaq closing price on grant date
Option expiration
January 20, 2036
Expiration date for 16,133 stock options
Shares held after award
73,225 shares
Total common shares directly held after transactions
Key Terms
restricted stock units, RSUs, Stock Options (Right to Buy), exercise price, +1 more
5 terms
restricted stock units financial
"Represents an award of restricted stock units (the "RSUs"), each RSU representing a contingent right"
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.
RSUs financial
"Represents an award of restricted stock units (the "RSUs"), each RSU representing a contingent right"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Stock Options (Right to Buy) financial
"Stock Options (Right to Buy)"
exercise price financial
"an exercise price equal to the closing price of a share of Common Stock on Nasdaq on the Grant Date of $3.77"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"with an expiration date of January 20, 2036"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What did AVITA Medical (RCEL) director Jan Stern Reed acquire in this Form 4?
Director Jan Stern Reed received equity compensation, including 22,214 restricted stock units and 16,133 stock options. The RSUs convert into common shares after vesting, while the options allow future share purchases at a fixed $3.77 exercise price.
When do Jan Stern Reed’s AVITA Medical (RCEL) RSUs vest?
The 22,214 restricted stock units granted to Jan Stern Reed vest 12 months after the January 20, 2026 grant date. Once vested, each RSU entitles Reed to receive one share of AVITA Medical common stock.
What are the key terms of Jan Stern Reed’s AVITA Medical (RCEL) stock options?
Reed was granted 16,133 stock options to buy common stock at an exercise price of $3.77 per share. These options are exercisable into 16,133 shares and expire on January 20, 2036, providing a long-dated incentive.
Were Jan Stern Reed’s AVITA Medical (RCEL) equity awards subject to stockholder approval?
Yes. Both the 22,214 restricted stock units and the 16,133 stock options were granted subject to AVITA Medical stockholder approval, which was obtained on June 3, 2026, confirming the awards’ authorization.