CSO of Pharmaceuticals, Inc. (RYTM) reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pharmaceuticals, Inc.’s Chief Scientific Officer Alastair Garfield reported a routine equity compensation event. On February 1, 2026, 6,663 restricted stock units (RSUs) were converted into 6,663 shares of common stock at an exercise price of $0. Of these, 2,026 shares were withheld at $108.99 per share to cover tax withholding, leaving Garfield with 7,763 shares of common stock directly owned. He also directly holds 19,987 RSUs, which vest in four equal 25% installments on February 1 of 2026, 2027, 2028, and 2029, with no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,663 shares exercised/converted
Mixed
3 txns
Insider
Garfield Alastair
Role
Chief Scientific Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,663 | $0.00 | -- |
| Exercise | Common Stock | 6,663 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,026 | $108.99 | $221K |
Holdings After Transaction:
Restricted Stock Units — 19,987 shares (Direct);
Common Stock — 9,789 shares (Direct)
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, 2026, February 1, 2027, February 1, 2028 and February 1, 2029. The restricted stock units have no expiration date.
FAQ
What insider transaction did RYTM Chief Scientific Officer Alastair Garfield report?
Alastair Garfield reported the vesting of 6,663 restricted stock units into common stock on February 1, 2026. The filing shows equity compensation being settled in shares with a portion withheld to cover tax obligations tied to the vesting.
How many restricted stock units does the RYTM CSO still hold after this Form 4?
After the reported transactions, Garfield beneficially owned 19,987 restricted stock units. Each RSU represents a contingent right to receive one share of common stock, according to the footnotes describing the equity award structure.
What is the vesting schedule of the CSO’s RYTM restricted stock units?
The restricted stock units vest in four equal installments of 25% of the total shares. Vesting dates are February 1, 2026, 2027, 2028, and 2029, and the RSUs have no expiration date, as specified in the explanatory footnote.
Were the RYTM insider transactions direct or indirect holdings?
All reported holdings and transactions are listed as directly owned by Alastair Garfield. The Form 4 shows ownership form as D for both common stock and restricted stock units, with no separate entity or indirect ownership structure disclosed.