Repligen (RGEN) CFO awarded stock options and 7,751 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Repligen Corporation CFO Jason K. Garland reported equity compensation awards consisting of stock options and restricted stock units. He received 8,315 stock options with an exercise price of $141.91 per share, expiring on March 5, 2036, which vest in three equal annual installments on March 5, 2027, March 5, 2028, and March 5, 2029. He was also granted 7,751 restricted stock units, vesting in equal annual installments over three years beginning on the first anniversary of the grant date, each unit representing one share of common stock. Following the award, his direct common stock holdings total 20,092 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Garland Jason K
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 8,315 | $0.00 | -- |
| Grant/Award | Common Stock | 7,751 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 8,315 shares (Direct);
Common Stock — 20,092 shares (Direct)
Footnotes (1)
- Mr. Garland was awarded 7,751 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Repligen Corporation's Common Stock. The restricted stock units vest in equal annual instalments over a three-year period beginning on the first anniversary of the grant date. The restricted stock units may be settled only by delivering shares of Repligen Corporation's Common Stock, and thus, the grant is being reported in Table 1 as allowed per SEC guidance. One third of the stock options will vest and become exercisable annually on March 5, 2027, March 5, 2028, and March 5, 2029.
FAQ
What insider transactions did Repligen (RGEN) CFO Jason Garland report?
Repligen CFO Jason K. Garland reported equity awards, not open-market trades. He received 8,315 stock options and 7,751 restricted stock units as part of his compensation, both subject to multi-year vesting schedules before fully becoming available.
How many stock options did the Repligen (RGEN) CFO receive and at what price?
Jason Garland received 8,315 stock options to buy Repligen common stock at an exercise price of $141.91 per share. These options expire on March 5, 2036 and vest in three equal annual installments beginning in 2027.
What are the vesting terms of the Repligen (RGEN) CFO’s new stock options?
One third of Jason Garland’s 8,315 stock options vest and become exercisable annually on March 5, 2027, March 5, 2028, and March 5, 2029. He can only exercise each portion after its respective vesting date.
How many restricted stock units did Repligen (RGEN) grant to its CFO?
Repligen granted Jason Garland 7,751 restricted stock units. Each unit represents a contingent right to receive one share of common stock, vesting in equal annual installments over three years starting on the first anniversary of the grant date.
How are the Repligen (RGEN) CFO’s restricted stock units settled?
The restricted stock units granted to Jason Garland may be settled only by delivering shares of Repligen common stock. Because they must be settled in shares, the grant is reported in the common stock table under SEC guidance.
What is the Repligen (RGEN) CFO’s direct common stock holding after this Form 4?
After the reported grants, Jason Garland directly holds 20,092 shares of Repligen common stock. This total reflects his position following the award of 7,751 restricted stock units, which will convert into shares as they vest over three years.