SHPH insider grant: 29,240 RSUs vesting 2026–2028
Rhea-AI Filing Summary
Shuttle Pharmaceuticals director Oleh Nabyt 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 is reported with a $0 price. The RSUs vest in three equal installments: one-third on 08/08/2026, one-third on 08/08/2027 and one-third on 08/08/2028. The award is reported as a direct beneficial holding and, if fully vested and converted, would result in receipt of up to 29,240 shares of common stock.
Positive
- None.
Negative
- None.
Insights
TL;DR: Time‑based RSU grant to a director; appears routine and aimed at long‑term alignment rather than immediate cash compensation.
The grant of 29,240 RSUs to Director Oleh Nabyt is reported as a direct holding and vests in three equal annual tranches beginning one year after the grant date. As disclosed, each RSU converts to one share at a $0 price, indicating a typical equity‑based retention and alignment instrument. There is no indication in the filing of accelerated vesting conditions or performance metrics. From a governance perspective, this is a common board compensation practice and, based on the information provided, carries a neutral impact on shareholder governance dynamics.
TL;DR: Multi‑year vesting RSUs provide retention incentives; dilution impact depends on total outstanding shares (not disclosed here).
The award vests one‑third annually on 08/08/2026, 08/08/2027 and 08/08/2028, creating retention incentives through 2028. The filing specifies that each RSU equals one share if and when settled. The reported $0 price is standard for restricted stock units. The filing does not state the company's total shares outstanding or the proportionate dilution from this grant, so materiality to shareholders cannot be quantified from the provided content.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 29,240 | $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.