REGENXBIO (NASDAQ: RGNX) grants RSUs and options to key officer
Rhea-AI Filing Summary
REGENXBIO Inc.'s Chief Strategy & Legal Officer, Patrick J. Christmas, reported new equity awards. On January 6, 2026, he received 73,749 shares of common stock through a time-based restricted stock unit award at a price of $0.00 per share. According to the award terms, 25% of these RSUs will vest on each of January 6, 2027, 2028, 2029 and 2030, as long as he continues providing service to the company.
He was also granted stock options for 39,650 shares of common stock with an exercise price of $14.18 per share. These options vest 25% after 12 months of continuous service, with the remaining balance vesting in equal monthly installments over the 36 months following January 6, 2027, subject to continued service, and expire on January 6, 2036. After these transactions, he directly holds 215,367 shares of common stock and 39,650 stock options.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to buy) | 39,650 | $0.00 | -- |
| Grant/Award | Common Stock | 73,749 | $0.00 | -- |
Footnotes (1)
- Represents shares of common stock underlying a time-based restricted stock unit award (RSU). 25% of the shares subject to this RSU will vest on each of January 6, 2027, January 6, 2028, January 6, 2029 and January 6, 2030 while the recipient provides continuous service to the Issuer. 25% of the shares subject to this option shall vest after 12 months of continuous service with the Issuer. The balance will vest in equal monthly installments over the 36 months following January 6, 2027 while the optionee provides continuous service to the Issuer.
FAQ
What insider transactions did RGNX officer Patrick J. Christmas report?
Patrick J. Christmas, Chief Strategy & Legal Officer of REGENXBIO Inc. (RGNX), reported receiving 73,749 RSU-based common shares at $0.00 per share and stock options on 39,650 shares with a $14.18 exercise price on January 6, 2026.
What is the vesting schedule for the 73,749 REGENXBIO RSUs granted to Patrick J. Christmas?
The 73,749 RSU shares vest in four equal installments. 25% of the shares vest on each of January 6, 2027, January 6, 2028, January 6, 2029 and January 6, 2030, provided he continues to serve the company.
How do the stock options granted to Patrick J. Christmas at REGENXBIO vest?
The 39,650 stock options with a $14.18 exercise price vest 25% after 12 months of continuous service. The remaining options vest in equal monthly installments over the 36 months following January 6, 2027, contingent on continued service, and expire on January 6, 2036.
What role does Patrick J. Christmas hold at REGENXBIO (RGNX)?
Patrick J. Christmas is reported as an officer of REGENXBIO Inc., serving as the company’s Chief Strategy & Legal Officer, and he is not listed as a director or 10% owner in this filing.
Were the reported REGENXBIO transactions purchases or awards?
The transactions are reported with code "A", indicating awards or grants. The RSUs were granted at $0.00 per share, and the stock options were granted with a $14.18 exercise price.