SHPH Form 4: Timothy Lorber Receives 54,094 RSUs with Staggered Vesting
Rhea-AI Filing Summary
Timothy J. Lorber, Chief Financial Officer of Shuttle Pharmaceuticals Holdings, Inc. (SHPH), was granted a total of 54,094 restricted stock units (RSUs) in transactions dated 08/08/2025. Each RSU represents a contingent right to receive one share of common stock and the grants were reported on a Section 16 Form 4.
The awards are split into two grants: 29,240 RSUs that vest one-third on each of 08/08/2026, 08/08/2027 and 08/08/2028, and 24,854 RSUs that vest on 02/08/2026. Both grants show an acquisition price of $0 and are held in a direct ownership form.
Positive
- CFO Timothy J. Lorber was granted a total of 54,094 RSUs (29,240 and 24,854) reported on 08/08/2025
- Each RSU represents the contingent right to one share of common stock, explicitly stated in the filing
- Vesting schedules are specified: one award vests one-third annually (08/08/2026, 08/08/2027, 08/08/2028) and the other vests on 02/08/2026
- Ownership form for both awards is direct (D), as reported in Table II
Negative
- None.
Insights
TL;DR: CFO received 54,094 RSUs with defined vesting dates, split into two awards with multi-date vesting.
The filing discloses two RSU awards to CFO Timothy J. Lorber totaling 54,094 RSUs. One award of 29,240 RSUs vests in three equal installments on 08/08/2026, 08/08/2027 and 08/08/2028; the other 24,854 RSUs vests on 02/08/2026. The awards are reported as acquired at $0 and held directly. From a compensation-design perspective, the staggered vesting dates define timing for potential share issuance but the filing contains no details on grant rationale, target compensation levels, or performance conditions.
TL;DR: Insider disclosure reports equity grants to an officer with explicit vesting schedule and direct ownership.
The Form 4 documents equity awards to an executive officer (CFO) and provides clear vesting dates and quantities: 29,240 RSUs with three-date vesting and 24,854 RSUs vesting on a single date. The form indicates direct beneficial ownership and $0 acquisition price. The disclosure meets Section 16 reporting requirements but does not include other governance details such as board approval language or equity plan identifiers within the provided text.