[Form 4] Shuttle Pharmaceuticals Holdings, Inc. Insider Trading Activity
Joseph Tung, a director of Shuttle Pharmaceuticals Holdings (SHPH), was granted 29,240 restricted stock units (RSUs) on 08/08/2025. Each RSU represents the contingent right to receive one share of common stock and the award was recorded at $0. The RSUs vest in three equal installments, with one-third vesting on each of 08/08/2026, 08/08/2027 and 08/08/2028, and the reported ownership form is direct. Following this reported transaction, the RSUs correspond to 29,240 underlying shares.
The filing discloses an equity award that aligns a director with shareholder interests via long-term vesting, but it does not provide the company’s total outstanding share count or other compensation terms needed to assess dilution or material financial impact.
- Alignment with shareholders: The director grant vests over multiple years, linking compensation to long-term performance
- Size of award disclosed: 29,240 RSUs explicitly reported and documented
- No outstanding share count provided: The filing does not include company share totals, so potential dilution cannot be assessed from this form
- No additional compensation terms disclosed: Other economic terms or reasons for the grant are not included in this Form 4
Insights
TL;DR: Director equity grant of 29,240 RSUs with multi-year vesting signals alignment but is likely routine and not clearly material.
The grant to Joseph Tung vests one-third annually over three years, which is a standard retention and alignment structure for board members. The award is directly held and converts one-for-one to common shares, recorded at $0, which indicates a typical restricted award rather than a purchase. The filing lacks context on outstanding shares or board compensation policy, so the governance implication is positive for alignment but the materiality to shareholders cannot be quantified from this form alone.
TL;DR: A 29,240-RSU grant is disclosed; without share-count context this is informational and unlikely to be material to valuation.
This Form 4 shows an acquisition (grant) of 29,240 RSUs exercisable into 29,240 common shares and vesting across 2026–2028. The reported price is $0, consistent with standard RSU awards rather than an option exercise or purchase. Because the filing does not disclose the company’s outstanding shares or other recent insider activity, the transaction should be treated as routine insider compensation rather than a market-moving event based solely on the information provided.