RYTM Director Granted 7,037 Options & 4,712 RSUs – Form 4 Filing
Form 4 snapshot: On 06/24/2025, Rhythm Pharmaceuticals (ticker RYTM) filed a Form 4 reporting new equity awards to director Lynn A. Tetrault.
Rhea-AI Filing Summary
Form 4 snapshot: On 06/24/2025, Rhythm Pharmaceuticals (ticker RYTM) filed a Form 4 reporting new equity awards to director Lynn A. Tetrault.
- Stock options: 7,037 options with a $63.66 exercise price, expiring 06/23/2035. Vest in full on the earlier of 06/24/2026 or the day before the 2026 annual meeting, subject to continued board service.
- Restricted stock units (RSUs): 4,712 units; each RSU converts into one common share. Vesting schedule matches the option grant; no expiration date.
- Post-grant holdings: 7,037 derivative securities (options) and 4,712 RSUs are now reported as beneficially owned. No common shares were bought or sold, and no dispositions occurred.
The filing reflects routine director compensation designed to align incentives; it does not disclose any share sales, purchases with cash, or changes to non-derivative ownership.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine equity awards (7,037 options, 4,712 RSUs) to RYTM director; no buy/sell activity—neutral for investors.
The Form 4 grants Lynn A. Tetrault standard director compensation: time-based vesting options priced at $63.66 and matching RSUs. No monetary transactions occurred, so cash flow and immediate dilution are negligible. Vesting tied to continued board service encourages retention and shareholder alignment. Because the volumes are modest relative to typical biotech share counts and no market transactions were executed, the disclosure is primarily informational rather than market-moving.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 7,037 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 4,712 | $0.00 | $0.00 |
Footnotes (3)
- F1. The options fully vest upon the earlier of (i) June 24, 2026 or (ii) the day immediately prior to the date of the Issuer's next annual meeting of the stockholders to be held in 2026, subject to the Reporting Person's continued service on such vesting date.
- F2. Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
- F3. The restricted stock units fully vest upon the earlier of (i) June 24, 2026 or (ii) the day immediately prior to the date of the Issuer's next annual meeting of the stockholders to be held in 2026, subject to the Reporting Person's continued service on such vesting date. The restricted stock units have no expiration date.
FAQ
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What equity awards did RYTM director Lynn A. Tetrault receive on 06/24/2025?
When do the newly granted RYTM options and RSUs vest?
What is the expiration date of the stock options granted to the RYTM director?
How many derivative securities does Lynn A. Tetrault beneficially own after the transaction?
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