Rhythm Pharmaceuticals (RYTM) CEO awarded RSUs and 107,850 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RYTM Pharmaceuticals’ President and CEO David P. Meeker reported equity awards consisting of restricted stock units and stock options. On February 11, 2026, he received 71,900 restricted stock units, each representing the right to receive one share of common stock. These units vest 25% each on February 1, 2027, 2028, 2029 and 2030.
On the same date, he was also granted 107,850 stock options with an exercise price of $98.47 per share. These options vest in 16 substantially equal quarterly installments, based on completing each three full months of successive service after the grant date. Both awards are held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Meeker David P
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 71,900 | $0.00 | -- |
| Grant/Award | Stock Options (Right to Buy) | 107,850 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 71,900 shares (Direct);
Stock Options (Right to Buy) — 107,850 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. The restricted stock units vest as to 25% of the total shares on each of February 1, 2027, February 1, 2028, February 1, 2029 and February 1, 2030. The restricted stock units have no expiration date. The stock options were granted on February 11, 2026. The options vest and become exercisable in 16 substantially equal installments upon the Reporting Person's completion of each three full months of successive service to the Issuer following the grant date.
FAQ
What insider transactions did RYTM’s CEO David Meeker report on this Form 4?
David Meeker reported receiving equity awards, not open-market trades. He was granted 71,900 restricted stock units and 107,850 stock options on February 11, 2026, both relating to Rhythm Pharmaceuticals common stock and held as direct beneficial ownership.
How many restricted stock units did RYTM grant to its CEO David Meeker?
Rhythm Pharmaceuticals granted David Meeker 71,900 restricted stock units. Each unit represents a contingent right to receive one share of common stock, subject to vesting over four years, with 25% of the total units vesting on each February 1 from 2027 through 2030.
What is the vesting schedule for David Meeker’s RYTM restricted stock units?
The 71,900 restricted stock units vest in four equal annual installments. Specifically, 25% of the units vest on each of February 1, 2027, February 1, 2028, February 1, 2029 and February 1, 2030, assuming continued service. The units have no expiration date.
What stock options did RYTM grant to CEO David Meeker and at what price?
David Meeker received 107,850 stock options with a $98.47 exercise price per share. These options give him the right to buy Rhythm Pharmaceuticals common stock if he chooses to exercise, subject to a multi-year vesting schedule tied to continued service after the February 11, 2026 grant date.
How do David Meeker’s RYTM stock options vest over time?
The 107,850 stock options vest and become exercisable in 16 substantially equal installments. Each installment vests after the completion of three full months of successive service to Rhythm Pharmaceuticals following the February 11, 2026 grant date, creating a quarterly vesting pattern.
Are David Meeker’s RYTM equity awards direct or indirect ownership?
Both the restricted stock units and stock options are reported as directly owned by David Meeker. The Form 4 lists the ownership form as “D” for direct, with no indication of indirect holdings through entities such as trusts, partnerships or family investment vehicles.