Revolution Medicines (RVMD) director receives stock awards and options grant
Rhea-AI Filing Summary
Revolution Medicines director Alexis Borisy reported equity awards from the company. He received 1,191 shares of Common Stock as a grant, bringing his direct holdings to 2,340,075 shares after the transaction. He was also granted options to purchase 3,127 shares of Common Stock at an exercise price of $162.99 per share, expiring on June 18, 2036.
The 1,191 granted shares are structured as restricted stock units. The option will vest in full on the earlier of the first anniversary of June 18, 2026 or immediately before the next Annual Meeting after the grant date, as long as Borisy continues as a Service Provider under the company’s 2020 Plan.
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Insights
Routine director equity awards; no open-market buying or selling.
Alexis Borisy received equity compensation from Revolution Medicines in the form of 1,191 restricted stock units and options on 3,127 shares at an exercise price of $162.99 per share. The awards cost him nothing upfront and are typical for a non-employee director.
The options vest in a single tranche on the earlier of the first anniversary of June 18, 2026 or immediately before the next Annual Meeting, contingent on his continued service. After the grant, he directly holds 2,340,075 common shares. With no open-market purchases or sales disclosed, this filing mainly updates his compensation-based ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 3,127 | $0.00 | -- |
| Grant/Award | Common Stock | 1,191 | $0.00 | -- |
Footnotes (1)
- Includes 1,191 restricted stock units. Shares subject to the Option shall vest in full on the earlier of (i) the first anniversary of June 18, 2026 or (ii) immediately prior to the Annual Meeting following the date of grant subject to the Reporting Person remaining a Service Provider (as defined in the 2020 Plan) through the vesting date.