Arcus (NYSE: RCUS) director gifts 5,050 shares in estate move
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arcus Biosciences director Antoni Ribas reported a routine insider update. He made a bona fide gift of 5,050 shares of Common Stock, described as a gift to family members for estate planning purposes. This transfer is a disposition but not a market sale, with no price received.
After the gift, Ribas directly holds 38,600 Common Stock shares, and separately has 8,553 shares held indirectly by a trust. A footnote notes that his indirect holdings include the unvested portion of his RSU grants, indicating ongoing equity exposure through both direct and indirect ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,050 shares gifted
Mixed
2 txns
Insider
Ribas Antoni
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 5,050 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 38,600 shares (Direct, null);
Common Stock — 8,553 shares (Indirect, By Trust)
Footnotes (1)
- Gift to family members for estate planning purposes. Includes the unvested portion of the reporting person's RSU grants.
Key Figures
Shares gifted: 5,050 shares
Gift price per share: $0.0000 per share
Direct holdings after gift: 38,600 shares
+3 more
6 metrics
Shares gifted
5,050 shares
Bona fide gift of Common Stock
Gift price per share
$0.0000 per share
Reported price for gifted shares
Direct holdings after gift
38,600 shares
Common Stock directly owned post-transaction
Indirect holdings by trust
8,553 shares
Common Stock held indirectly via trust
Gift transactions
1 transaction
Count of bona fide gifts reported
Shares gifted total
5,050 shares
Total gift shares from transaction summary
Key Terms
bona fide gift, estate planning, RSU grants, indirect ownership
4 terms
bona fide gift financial
"transaction code description shows “Bona fide gift” for 5,050 shares"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
estate planning financial
"Footnote states: “Gift to family members for estate planning purposes.”"
A set of instructions and legal steps that decide who gets your money, property and other assets, and who will manage them if you become unable to do so. For investors it matters because thoughtful planning can reduce taxes and delays, protect heirs, and keep investments from being tied up in court—think of it as a clear map and emergency kit that preserves value and directs where assets go when you can’t.
RSU grants financial
"Footnote notes: “Includes the unvested portion of the reporting person's RSU grants.”"
indirect ownership financial
"An entry shows 8,553 shares with ownership type indirect and nature of ownership By Trust."
FAQ
What insider transaction did Arcus (RCUS) director Antoni Ribas report?
Antoni Ribas reported a bona fide gift of 5,050 Arcus Biosciences Common Stock shares. This was a non-market transfer, meaning he did not sell the shares for cash but gifted them, consistent with estate planning activity.
Was the Arcus (RCUS) Antoni Ribas Form 4 transaction a sale?
No, the Form 4 for Antoni Ribas reflects a bona fide gift, not an open-market sale. He transferred 5,050 Common Stock shares as a gift to family members for estate planning, with a reported per-share price of $0.0000.
What does the “bona fide gift” code G mean in the Arcus (RCUS) Form 4?
Transaction code G on the Form 4 indicates a bona fide gift. For Arcus Biosciences director Antoni Ribas, it records a transfer of 5,050 Common Stock shares to family members for estate planning, not a sale in the open market.