Revelation Biosciences (NASDAQ: REVB) grants director 32K restricted shares
Rhea-AI Filing Summary
REVELATION BIOSCIENCES, INC. (REVB) reported that director Lakhmir S. Chawla acquired 32,011 shares of common stock on August 17, 2026 via a restricted stock award granted at $0.00 per share under the company’s 2021 Equity Incentive Plan. Following this grant, Chawla holds 44,169 shares directly. The award vests 50% on the two-year anniversary and 50% on the four-year anniversary of the grant date, subject to continued service, with potential acceleration upon certain performance milestones.
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Insider Trade Summary
Net Buyer: 32,011 shares
Net Buy
1 txn
Insider
Chawla Lakhmir S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 32,011 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 44,169 shares (Direct)
Footnotes (1)
- F1. These shares are subject to a restricted stock award granted under the Revelation Biosciences, Inc. 2021 Equity Incentive Plan, with 50% of the shares vesting on the two-year anniversary of the grant date, and the remaining 50% of the shares vesting on the four-year anniversary of the grant date, provided that the Reporting Person remains continuously employed by or provides services to the Company or any subsidiary through the applicable vesting date; and provided, further that such vesting could be accelerated upon the achievement of certain performance milestones.
Key Figures
Restricted stock award: 32,011 shares
Award price per share: $0.00 per share
Shares owned after transaction: 44,169 shares
+2 more
5 metrics
Restricted stock award
32,011 shares
Common Stock granted to director on August 17, 2026
Award price per share
$0.00 per share
Reported transaction price for the restricted stock award
Shares owned after transaction
44,169 shares
Total direct holdings of Lakhmir S. Chawla following the award
Initial vesting tranche
50%
Shares vesting on the two-year anniversary of the grant date
Final vesting tranche
50%
Shares vesting on the four-year anniversary of the grant date
Key Terms
restricted stock award, vesting, Equity Incentive Plan, performance milestones
4 terms
restricted stock award financial
"These shares are subject to a restricted stock award granted under the Revelation"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
vesting financial
"with 50% of the shares vesting on the two-year anniversary of the grant"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Equity Incentive Plan financial
"restricted stock award granted under the Revelation Biosciences, Inc. 2021 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
performance milestones financial
"such vesting could be accelerated upon the achievement of certain performance milestones"
FAQ
What insider transaction did REVB disclose for Lakhmir S. Chawla?
REVB disclosed that director Lakhmir S. Chawla received a grant of 32,011 restricted shares of common stock on August 17, 2026 at $0.00 per share, under the company’s 2021 Equity Incentive Plan.
Was the REVB restricted stock award to Lakhmir S. Chawla a market purchase or a grant?
It was a grant/award acquisition, not a market purchase. The Form 4 classifies the transaction with code A, indicating a grant or award of 32,011 restricted shares at a reported price of $0.00 per share.
Is the REVB Form 4 transaction for Lakhmir S. Chawla under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox as false, meaning the transaction is not affirmed as made under a Rule 10b5-1 trading plan based on the document-level status provided.
AI-generated analysis. How Rhea-AI works. Not financial advice.