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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 29,240 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 24,854 | $0.00 | -- |
Footnotes (1)
- Each Restricted Stock Unit ("RSU"s) represents the contingent right to receive one share of common stock. One-third of these RSUs will vest on each of 08/08/2026, 08/08/2027 and 08/08/2028. These RSUs will vest on 02/08/2026.