Equity awards increase Wei Lin’s stake in Revolution Medicines (RVMD)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Revolution Medicines Chief Medical Officer Wei Lin reported equity awards that increase his stake in the company. He received a stock option for 34,000 shares at an exercise price of $0.00 per share and a direct grant of 15,100 shares of common stock.
After these awards, Lin directly holds 103,439 shares of common stock, which includes 68,000 restricted stock units. The option vests in equal monthly installments over four years starting on March 1, 2026, contingent on his continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wei Lin
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 34,000 | $0.00 | -- |
| Grant/Award | Common Stock | 15,100 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 34,000 shares (Direct);
Common Stock — 103,439 shares (Direct)
Footnotes (1)
- Includes 68,000 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 did Wei Lin report in this RVMD Form 4 filing?
Wei Lin reported new equity awards from Revolution Medicines, including a 34,000-share stock option and 15,100 shares of common stock. These awards increase his direct holdings and form part of his compensation as Chief Medical Officer.
What are the terms of Wei Lin’s new stock option grant at RVMD?
The new stock option covers 34,000 shares at an exercise price of $0.00 per share. One forty-eighth of the shares vests monthly starting March 1, 2026, so the option becomes fully vested after four years of continued service with Revolution Medicines.
When will Wei Lin’s Revolution Medicines stock option fully vest?
The option begins vesting on March 1, 2026, with one forty-eighth of the 34,000 shares vesting each month. All shares will be fully vested and exercisable on the fourth anniversary of that vesting commencement date, assuming Wei Lin continues his service.
What portion of Wei Lin’s RVMD holdings are restricted stock units?
Of Wei Lin’s 103,439 directly held shares of Revolution Medicines common stock, 68,000 are restricted stock units. These units represent a right to receive shares over time, typically subject to vesting conditions tied to his ongoing employment with the company.