RIGEL (RIGL) director Kamil Ali-Jackson receives 5,750-share RSU board grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ali-Jackson Kamil reported acquisition or exercise transactions in this Form 4 filing.
RIGEL PHARMACEUTICALS INC director Kamil Ali-Jackson received a stock grant tied to board service. The Form 4 shows an award of 5,750 shares of Common Stock at no cash cost, delivered as Restricted Stock Units. These units will fully vest on the date prior to the company’s next Annual Meeting, as long as the director continues serving on the Board. After this grant, the director holds 15,125 shares of Common Stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ali-Jackson Kamil
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,750 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 15,125 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 5,750 shares
Grant price: $0.00 per share
Post-transaction holdings: 15,125 shares
+1 more
4 metrics
RSU grant size
5,750 shares
Restricted Stock Unit award to director on 2026-05-15
Grant price
$0.00 per share
Equity compensation, not an open-market purchase
Post-transaction holdings
15,125 shares
Common Stock directly owned after the RSU grant
Vesting condition
Fully vests before next Annual Meeting
Subject to continuous Board service by the director
Key Terms
Restricted Stock Unit, Annual Meeting, Common Stock
3 terms
Restricted Stock Unit financial
"The shares of Common Stock are to be acquired upon the vesting of a Restricted Stock Unit award granted to the Reporting Person."
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.
Annual Meeting financial
"The Restricted Stock Units shall fully vest on the date prior to the Company's next Annual Meeting, subject to the Reporting Person's continuous service"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
Common Stock financial
"The shares of Common Stock are to be acquired upon the vesting of a Restricted Stock Unit award granted to the Reporting Person."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did RIGL director Kamil Ali-Jackson report on this Form 4?
Kamil Ali-Jackson reported receiving 5,750 shares of RIGEL PHARMACEUTICALS Common Stock as a Restricted Stock Unit award. The grant is compensation for service on the Board and involves no cash purchase by the director.
When do Kamil Ali-Jackson’s RIGL Restricted Stock Units vest?
The Restricted Stock Units fully vest on the date prior to RIGEL PHARMACEUTICALS’ next Annual Meeting. Vesting is conditioned on the director’s continuous service on the company’s Board of Directors through that vesting date.
Was this RIGL Form 4 transaction an open-market buy or a compensation grant?
The filing shows a compensation grant, not an open-market purchase. Code “A” identifies a grant or award, and the 5,750 shares were issued at $0.00 per share as Restricted Stock Units for Board service.
Does the RIGL Form 4 mention any conditions on the stock award vesting?
Yes. The Form 4 footnote states the Restricted Stock Units will vest only if Kamil Ali-Jackson continues to serve on RIGEL PHARMACEUTICALS’ Board of Directors through the date prior to the next Annual Meeting.