CEO David Meeker (RYTM) logs RSU vesting and tax share withholding
Rhea-AI Filing Summary
Pharmaceuticals, Inc. President and CEO David P. Meeker reported equity award activity on February 1, 2026. A total of 68,713 shares of common stock were acquired through the vesting and settlement (code M) of previously granted restricted stock units, increasing his directly held common shares to 270,538 before tax withholding.
On the same date, 31,522 shares of common stock were withheld at $108.99 per share (code F) to cover withholding taxes related to the vesting, leaving Meeker with 239,016 directly owned common shares. Multiple restricted stock unit awards converted into common stock, and the filing notes that each unit represents the right to receive one share of common stock and that these units vest in four equal annual installments with no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 14,125 | $0.00 | -- |
| Exercise | Restricted Stock Units | 21,250 | $0.00 | -- |
| Exercise | Restricted Stock Units | 33,338 | $0.00 | -- |
| Exercise | Common Stock | 68,713 | $0.00 | -- |
| Tax Withholding | Common Stock | 31,522 | $108.99 | $3.44M |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. These shares were withheld for payment of the withholding taxes upon the vesting of the restricted stock units reported herein. The restricted stock units vest as to 25% of the total shares on each of February 1, 2024, February 1, 2025, February 1, 2026 and February 1, 2027. The restricted stock units have no expiration date. The restricted stock units vest as to 25% of the total shares on each of February 16, 2025, February 1, 2026, February 1, 2027 and February 1, 2028. The restricted stock units have no expiration date. The restricted stock units vest as to 25% of the total shares on each of February 1, 2026, February 1, 2027, February 1, 2028 and February 1, 2029. The restricted stock units have no expiration date.