Royalty Pharma (RPRX) director Bonnie Bassler awarded 4,545 RSUs, raising holdings to 78,492 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bassler Bonnie L reported acquisition or exercise transactions in this Form 4 filing.
Royalty Pharma plc director Bonnie L. Bassler received an equity award of 4,545 Class A Ordinary Shares in the form of restricted stock units. These units were granted at no cash cost and increase her directly held position to 78,492 shares.
The award was granted under Royalty Pharma’s 2020 Independent Director Equity Incentive Plan and is generally scheduled to vest 100% on the earlier of the one-year anniversary of the grant date or the next annual shareholder meeting, subject to plan and award terms. This is a routine, compensation-related grant rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bassler Bonnie L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 4,545 | $0.00 | -- |
Holdings After Transaction:
Class A Ordinary Shares — 78,492 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant: 4,545 shares
Holdings after grant: 78,492 shares
Grant price: $0.0000 per share
+1 more
4 metrics
RSU grant
4,545 shares
Restricted stock unit award to director on June 5, 2026
Holdings after grant
78,492 shares
Class A Ordinary Shares held directly after transaction
Grant price
$0.0000 per share
Equity award granted at no cash cost to director
Vesting schedule
100% cliff vesting
Earlier of one-year from grant or next annual shareholder meeting
Key Terms
restricted stock units, 2020 Independent Director Equity Incentive Plan, vest 100%, 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")"
vest 100% financial
"generally scheduled to vest 100% on the earlier of (i) the one-year anniversary"
FAQ
What did Royalty Pharma (RPRX) director Bonnie L. Bassler report in this Form 4?
Bonnie L. Bassler reported receiving 4,545 Class A Ordinary Shares as a restricted stock unit award. The grant is part of director compensation and did not involve an open-market purchase or sale, so it reflects equity-based pay rather than trading activity.
What are the vesting terms for Bonnie L. Bassler’s new Royalty Pharma restricted stock units?
The 4,545 restricted stock units are generally scheduled to vest 100% on the earlier of the one-year anniversary of the grant date or the date of the next annual shareholder meeting, assuming continued service and compliance with the plan and award agreement terms.
What does a transaction code "A" mean in Bonnie L. Bassler’s Royalty Pharma Form 4?
Transaction code “A” indicates a grant, award, or other acquisition of securities. In this case, it reflects Bonnie L. Bassler’s receipt of 4,545 restricted stock units as director compensation, not an open-market purchase at a stated price per share.