Rigel (RIGL) CEO Raul Rodriguez receives 53,915-share RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rigel Pharmaceuticals CEO and President Raul R. Rodriguez reported an equity award on common stock. He acquired a grant of 53,915 shares through a Restricted Stock Unit award at a stated price of $0.00 per share. According to the award terms, these Restricted Stock Units will vest quarterly over three years, with the first vesting date on March 31, 2026. After this grant, Rodriguez directly owns 282,017 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RODRIGUEZ RAUL R
Role
CEO, President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 53,915 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 282,017 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did RIGL CEO Raul R. Rodriguez report on this Form 4?
Raul R. Rodriguez reported acquiring a Restricted Stock Unit award covering 53,915 shares of Rigel Pharmaceuticals common stock. The award was recorded at $0.00 per share, reflecting a grant or equity compensation rather than an open-market purchase.
How will Raul R. Rodriguez’s 53,915 Rigel (RIGL) Restricted Stock Units vest?
The 53,915 Restricted Stock Units granted to Raul R. Rodriguez vest quarterly over three years. The first quarterly vesting is scheduled for March 31, 2026, and subsequent vesting dates continue on a quarterly schedule until the three-year period ends.
What type of security was involved in Raul R. Rodriguez’s RIGL Form 4 transaction?
The transaction involved Common Stock of Rigel Pharmaceuticals delivered through a Restricted Stock Unit award. These RSUs convert into common shares as they vest quarterly over three years, beginning on March 31, 2026, according to the disclosed vesting schedule.