Arcus Biosciences (RCUS) COO receives 31,000 RSUs and 126,000 options
Rhea-AI Filing Summary
Arcus Biosciences Chief Operating Officer receives new equity awards. On January 23, 2026, COO Jennifer Jarrett was granted 31,000 shares of common stock in the form of restricted stock units, which vest in four equal annual installments beginning on December 15, 2026, as long as she continues serving the company. She also received a stock option covering 126,000 shares of common stock at an exercise price of $22.13 per share. This option becomes exercisable in 48 equal monthly installments after January 1, 2026, subject to her continued service. Following these grants, she directly holds 224,024 shares of common stock, including unvested RSUs, and 126,000 stock options.
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FAQ
What insider transaction did Arcus Biosciences (RCUS) report for Jennifer Jarrett?
Arcus Biosciences reported that Chief Operating Officer Jennifer Jarrett received equity awards on January 23, 2026, consisting of restricted stock units and stock options.
How many restricted stock units did the Arcus Biosciences (RCUS) COO receive?
The COO received 31,000 restricted stock units (RSUs), representing shares of Arcus Biosciences common stock that vest over time.
What are the vesting terms for the 31,000 RSUs at Arcus Biosciences (RCUS)?
The 31,000 RSUs vest in four equal annual installments beginning on December 15, 2026, conditioned on the COO’s continued service to the company.
What stock options were granted to the Arcus Biosciences (RCUS) COO in this Form 4?
The filing shows a grant of a stock option for 126,000 shares of Arcus Biosciences common stock with an exercise price of $22.13 per share.
When do the new stock options for Arcus Biosciences (RCUS) COO become exercisable?
The 126,000-share option becomes exercisable in 48 equal monthly installments after January 1, 2026, subject to the COO’s continued service.
How many Arcus Biosciences (RCUS) shares does the COO own after these grants?
After the reported transactions, the COO directly beneficially owns 224,024 shares of common stock, which includes the unvested portion of her RSU grants, and 126,000 stock options.
Are the reported Arcus Biosciences (RCUS) equity awards to the COO direct or indirect holdings?
The Form 4 indicates that both the 224,024 common shares and the 126,000 stock options are held with direct ownership by the COO.