Director Walter H. Moos receives 5,750-share RSU award at RIGEL (NASDAQ: RIGL)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RIGEL PHARMACEUTICALS INC director Walter H. Moos received an equity award. On 2026-05-15, he was granted 5,750 shares of Common Stock at a grant price of $0.00 per share through a Restricted Stock Unit (RSU) award.
The footnote states these shares will be acquired only when the RSUs fully vest on the date prior to the company’s next Annual Meeting, as long as he continues serving on the Board of Directors. After this award, his direct holdings are 18,472 Common Stock shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MOOS WALTER H
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,750 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 18,472 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU shares granted: 5,750 shares
Grant price: $0.00 per share
Shares after transaction: 18,472 shares
+1 more
4 metrics
RSU shares granted
5,750 shares
Restricted Stock Unit award on 2026-05-15
Grant price
$0.00 per share
RSU award to director
Shares after transaction
18,472 shares
Common Stock directly held following award
Vesting timing
Date prior to next Annual Meeting
Full vesting if board service continues
Key Terms
Restricted Stock Unit, Annual Meeting, Board of Directors, Common Stock
4 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.
Board of Directors financial
"...subject to the Reporting Person's continuous service on the Company's Board of Directors."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
Common Stock financial
"The shares of Common Stock are to be acquired upon the vesting of a Restricted Stock Unit award..."
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 insider transaction did RIGEL (RIGL) director Walter H. Moos report?
Walter H. Moos reported an equity award of 5,750 shares of RIGEL Common Stock. The award was granted as Restricted Stock Units at a grant price of $0.00 per share and will convert into shares once vesting conditions tied to board service are met.
What are the vesting conditions for Walter H. Moos’s RIGEL Restricted Stock Units?
The RSU award for 5,750 RIGEL shares will fully vest on the date prior to the company’s next Annual Meeting. Vesting is conditioned on Walter H. Moos maintaining continuous service on RIGEL’s Board of Directors through that date, according to the footnote.