Rigel CFO awarded 20,636 restricted stock units
Rigel Pharmaceuticals EVP & Chief Financial Officer Dean L. Schorno reported an equity award of company stock.
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Rhea-AI Filing Summary
Rigel Pharmaceuticals EVP & Chief Financial Officer Dean L. Schorno reported an equity award of company stock. He acquired 20,636 shares of common stock through a grant of restricted stock units at a stated price of $0.00 per share. Following this grant, he directly holds 76,337 common shares.
The award vests over time rather than all at once. The restricted stock units are scheduled to vest quarterly over three years, with the first quarterly vesting date on March 31, 2026. As each portion vests, the corresponding shares of common stock will be delivered to him.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,636 | $0.00 | $0.00 |
Footnotes (1)
- F1. The shares of common stock are to be acquired upon the vesting of a Restricted Stock Unit award granted to the Reporting Person. The Restricted Stock Units shall vest quarterly over three (3) years, with the first quarterly vest occurring on March 31, 2026.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Rigel Pharmaceuticals (RIGL) report for Dean L. Schorno?
What are the vesting terms of Dean L. Schorno’s Rigel (RIGL) restricted stock units?
What does the transaction code “A” mean in the Rigel (RIGL) Form 4 for Dean L. Schorno?
AI-generated analysis. How Rhea-AI works. Not financial advice.