Rigel Pharmaceuticals (RIGL) EVP awarded 19,497 RSUs in new Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rigel Pharmaceuticals executive Raymond J. Furey reported an equity compensation award in the form of Restricted Stock Units tied to the company’s common stock. The award covers 19,497 shares, reflected as an acquisition with no cash price because it is a grant, not an open-market purchase.
These Restricted Stock Units will vest quarterly over a three-year period, with the first quarterly vesting scheduled for March 31, 2026. Following this award, Furey is shown as having 51,813 shares of common stock in direct ownership, illustrating his ongoing equity alignment with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Furey Raymond J.
Role
EVP, GC, CCO & Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,497 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 51,813 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did RIGEL PHARMACEUTICALS (RIGL) report for Raymond J. Furey?
Rigel Pharmaceuticals reported that executive Raymond J. Furey received a grant of 19,497 Restricted Stock Units tied to common stock. This award is recorded as an acquisition, reflecting equity compensation rather than an open‑market share purchase or sale.
When do Raymond J. Furey’s RIGL Restricted Stock Units begin vesting?
The Restricted Stock Units begin vesting on March 31, 2026, with vesting occurring quarterly over three years. Each quarterly vesting delivers a portion of the total 19,497 units as shares of common stock to the executive.
What is Raymond J. Furey’s ownership in RIGEL PHARMACEUTICALS after this Form 4 transaction?
After the reported equity award, Raymond J. Furey is shown holding 51,813 shares of Rigel Pharmaceuticals common stock directly. This figure reflects his ownership following the grant of 19,497 Restricted Stock Units recorded in the Form 4 filing.
How do the RIGL Restricted Stock Units granted to Raymond J. Furey vest over time?
The 19,497 Restricted Stock Units vest in equal quarterly installments over three years. Starting March 31, 2026, a portion of the units converts into common shares each quarter, aligning compensation with longer‑term company performance.