REGENXBIO (RGNX) awards director Daniel Tasse RSUs and options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
REGENXBIO Inc. director Daniel Tasse reported new equity awards. He received 9,807 shares of common stock through a time-based restricted stock unit grant, which will vest in full on May 29, 2027 if he remains in continuous service.
He was also granted stock options for 46,600 shares of common stock at an exercise price of $7.01 per share, vesting on May 29, 2027 and expiring on May 29, 2036. Following these awards, he directly holds 28,861 shares of common stock. These are compensation-related grants, not open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Tasse Daniel
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 46,600 | $0.00 | -- |
| Grant/Award | Common Stock | 9,807 | $0.00 | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 46,600 shares (Direct, null);
Common Stock — 28,861 shares (Direct, null)
Footnotes (1)
- Represents shares of common stock underlying a time-based restricted stock unit award (RSU). 100% of the shares subject to this RSU will vest on May 29, 2027 subject to the continuous service of the recipient to the Issuer. The option will vest on May 29, 2027 subject to the continuous service of the optionee to the Issuer.
Key Figures
RSU shares granted: 9,807 shares
Common shares after grant: 28,861 shares
Stock options granted: 46,600 options
+3 more
6 metrics
RSU shares granted
9,807 shares
Time-based RSU award vesting May 29, 2027
Common shares after grant
28,861 shares
Direct holdings following RSU award
Stock options granted
46,600 options
Right to buy REGENXBIO common stock
Option exercise price
$7.01 per share
Strike price for 46,600 options
Vesting date
May 29, 2027
Vesting for RSUs and options
Option expiration
May 29, 2036
Expiration date of granted options
Key Terms
restricted stock unit, Stock Options (Right to Buy), continuous service, time-based
4 terms
restricted stock unit financial
"Represents shares of common stock underlying a time-based restricted stock unit award (RSU)."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Stock Options (Right to Buy) financial
"Stock Options (Right to Buy) with an exercise price of 7.0100."
continuous service financial
"subject to the continuous service of the recipient to the Issuer."
time-based financial
"Represents shares of common stock underlying a time-based restricted stock unit award (RSU)."
FAQ
What did REGENXBIO (RGNX) director Daniel Tasse report in this Form 4?
Daniel Tasse reported receiving equity awards from REGENXBIO as director compensation. The filing shows grants of time-based restricted stock units and stock options, increasing his direct holdings without any open-market share purchases or sales.
What stock options did REGENXBIO grant to director Daniel Tasse?
He was granted options covering 46,600 shares of REGENXBIO common stock. These options have a strike price of $7.01 per share, vest on May 29, 2027, and expire on May 29, 2036, subject to his continued service.
When do Daniel Tasse’s REGENXBIO RSUs and options vest?
Both the restricted stock units and stock options vest on May 29, 2027. Vesting is conditioned on Tasse’s continuous service to REGENXBIO through that date, as described in the Form 4 footnotes.