Revolution Medicines (RVMD) officer receives new stock options and share grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Revolution Medicines, Inc. officer Stephen Michael Kelsey reported equity awards that increased his direct holdings. He received a stock option covering 47,600 shares of common stock at an exercise price of $0.00 per share, characterized as a grant or award acquisition. He also acquired 21,100 shares of common stock as a separate grant, bringing his directly held common shares to 299,700, which includes 94,676 restricted stock units. The option vests in equal monthly installments over four years starting March 1, 2026, with one forty-eighth of the shares vesting each month so that all option shares are fully vested on the fourth anniversary, contingent on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kelsey Stephen Michael
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 47,600 | $0.00 | -- |
| Grant/Award | Common Stock | 21,100 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 47,600 shares (Direct);
Common Stock — 299,700 shares (Direct)
Footnotes (1)
- Includes 94,676 restricted stock units. One forty-eighth (1/48th) of the shares initially subject to the option will vest on each monthly anniversary measured from March 1, 2026 (the "Vesting Commencement Date"), so that 100% of the shares subject to the option will be fully vested and exercisable as of the fourth anniversary of the Vesting Commencement Date, subject to the Reporting Person's continued service through each vesting date.
FAQ
What equity awards did Stephen Michael Kelsey report for Revolution Medicines (RVMD)?
Stephen Michael Kelsey reported receiving a stock option for 47,600 shares and a grant of 21,100 shares of Revolution Medicines common stock. These awards were characterized as grant or award acquisitions and increased his directly held equity position in the company.
What are the vesting terms of Kelsey’s new stock option at Revolution Medicines (RVMD)?
The stock option for 47,600 shares vests monthly over four years starting March 1, 2026. One forty-eighth of the initially subject shares vests each month, with full vesting on the fourth anniversary, conditioned on his continued service through each vesting date.
Was there a purchase price for the Revolution Medicines (RVMD) stock option grant?
The reported stock option grant to Stephen Michael Kelsey shows a per-share transaction price of $0.00. This indicates it was granted as compensation rather than bought in an open-market purchase, consistent with a typical equity award structure for company officers.