Repare Therapeutics (RPTX) exec equity paid $2.20 per share plus CVR
Rhea-AI Filing Summary
Repare Therapeutics SVP, Finance and CAO, Sandra Isabelle Barros Alves reported the cancellation of 31,622 common shares and two employee stock option grants on January 28, 2026 in connection with an Arrangement Agreement with XenoTherapeutics.
The common shares, including 18,800 underlying restricted stock units, and the options were exchanged for $2.20 in cash per share plus one non-transferable contingent value right (CVR) per share, with options receiving $2.20 less the applicable exercise price plus one CVR per underlying share. After these transactions, she reported holding zero common shares and zero derivative securities.
Pursuant to the Arrangement Agreement, Xeno Acquisition Corp. acquired all issued and outstanding Repare common shares on the same cash-and-CVR terms.
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Insights
Executive equity awards were cashed out in a cash-and-CVR acquisition of Repare Therapeutics.
This Form 4 shows Sandra Isabelle Barros Alves, an executive of Repare Therapeutics, having her common shares and stock options canceled as part of an Arrangement Agreement with XenoTherapeutics. All equity converted into a mix of cash and contingent value rights rather than rolling into new awards.
Each common share, including those from restricted stock units, received $2.20 plus one CVR. Each option received $2.20 minus its exercise price plus one CVR per underlying share. She reported zero remaining common shares and options afterward, indicating her prior equity stake was fully settled in the transaction.
The footnotes state that Xeno Acquisition Corp. acquired all issued and outstanding Repare common shares for this same consideration, aligning insider treatment with that of other shareholders. Future disclosures in company filings may specify how the CVRs pay out based on agreed milestones or conditions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Employee Stock Option (right to buy) | 26,000 | $0.00 | -- |
| Disposition | Employee Stock Option (right to buy) | 24,500 | $0.00 | -- |
| Disposition | Common Shares | 31,622 | $0.00 | -- |
Footnotes (1)
- Includes 18,800 shares of common stock underlying restricted stock units that were cancelled pursuant to that certain Arrangement Agreement, dated November 14, 2025 (the "Arrangement Agreement"), by and between the Issuer and XenoTherapeutics, Inc. (the "Parent"), Xeno Acquisition Corp. (the "Purchaser"), and XOMA Royalty Corporation ("XRC"), in exchange for (i) $2.20 in cash per share, plus (ii) one non-transferable contingent value right ("CVR") per share. Pursuant to the Arrangement Agreement, the Purchaser acquired all of the issued and outstanding common shares of the Issuer for (i) $2.20 in cash per share plus (ii) one CVR per share. This option was cancelled pursuant to the Arrangement Agreement in exchange for (i) $2.20 less the applicable exercise price in respect of such option plus (ii) one CVR per share underlying such option.