Royalty Pharma (RPRX) director awarded 4,545 RSUs under 2020 equity plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coric Vlad reported acquisition or exercise transactions in this Form 4 filing.
Royalty Pharma plc director Vlad Coric received an equity award of 4,545 Class A Ordinary Shares at no cost, reported as a grant under the company’s 2020 Independent Director Equity Incentive Plan. The award consists of restricted stock units scheduled to vest 100% on the earlier of the one-year anniversary of the grant date or the next annual shareholder meeting, subject to the plan and award terms. Following this grant, Coric directly holds 15,343 Class A Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Coric Vlad
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 4,545 | $0.00 | -- |
Holdings After Transaction:
Class A Ordinary Shares — 15,343 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 4,545 shares
Grant price: $0.00 per share
Post-grant holdings: 15,343 shares
+2 more
5 metrics
RSU grant size
4,545 shares
Restricted stock unit award to director Vlad Coric
Grant price
$0.00 per share
Price for the 4,545-share RSU award
Post-grant holdings
15,343 shares
Class A Ordinary Shares held directly after transaction
Vesting schedule
100% at earlier of one year or next annual meeting
Vesting terms for the RSU award under 2020 plan
Transaction date
June 5, 2026
Date of RSU grant to Vlad Coric
Key Terms
restricted stock units, 2020 Independent Director Equity Incentive Plan, grant date, annual meeting of the Issuer's shareholders
4 terms
restricted stock units financial
"Reflects an award of restricted stock units under the Issuer's 2020 Independent Director Equity Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2020 Independent Director Equity Incentive Plan financial
"under the Issuer's 2020 Independent Director Equity Incentive Plan (the "Plan")"
grant date financial
"vest 100% on the earlier of (i) the one-year anniversary of the grant date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What did Royalty Pharma (RPRX) director Vlad Coric report on this Form 4?
Vlad Coric reported receiving an equity grant of 4,545 Class A Ordinary Shares at no cost. The award is in the form of restricted stock units under Royalty Pharma’s 2020 Independent Director Equity Incentive Plan.
What are the vesting terms of Vlad Coric’s 4,545 Royalty Pharma RSUs?
The 4,545 restricted stock units are scheduled to vest 100% on the earlier of the one-year anniversary of the grant date or the date of Royalty Pharma’s next annual shareholder meeting, subject to the plan and award agreement.
Under which plan was Vlad Coric’s Royalty Pharma equity award granted?
The award was granted under Royalty Pharma’s 2020 Independent Director Equity Incentive Plan. This plan governs equity compensation for independent directors, including the restricted stock unit grant reported in this Form 4.