Roivant director reports share grant and tax withholding
Roivant Sciences Ltd. director Oren Ilan reported compensation-related share movements.
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Rhea-AI Filing Summary
Roivant Sciences Ltd. director Oren Ilan reported compensation-related share movements. He received an award of 896 Common Shares under the company’s Non-Employee Director Compensation Plan, which was fully vested on the grant date. To cover tax withholding obligations on previously granted shares that vested and settled, 95 Common Shares were withheld and settled on a net basis by the company. Following these transactions, Ilan directly holds 120,229 Common Shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 896 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 95 | $29.83 | $3K |
Footnotes (2)
- F1. Reflects an award of Common Shares received pursuant to the Issuer's Non-Employee Director Compensation Plan that was fully vested as of the grant date.
- F2. Represents the "net settlement" by the Issuer of Common Shares previously granted to the reporting person pursuant to the Issuer's Non-Employee Director Compensation Plan in order to satisfy applicable tax withholding obligations in connection with the vesting and settlement of such Common Shares.
Key Figures
Key Terms
Non-Employee Director Compensation Plan financial
fully vested financial
net settlement financial
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Roivant Sciences (ROIV) director Oren Ilan report in this Form 4?
What is Oren Ilan’s Roivant Sciences (ROIV) ownership after these transactions?
Were Oren Ilan’s Roivant Sciences (ROIV) transactions open-market buys or sells?
What does 'net settlement' mean in the Roivant Sciences (ROIV) Form 4 footnote?
AI-generated analysis. How Rhea-AI works. Not financial advice.