Sellas Life (NASDAQ: SLS) SVP gets 300,000 RSUs vesting through 2029
Rhea-AI Filing Summary
SELLAS Life Sciences Group, Inc. reported an equity award to a senior executive. SVP and Chief Development Officer Dragan Cicic received an award of 300,000 restricted stock units on January 7, 2026. These RSUs are scheduled to vest 25% on December 1, 2026, and 25% on each December 1 thereafter until fully vested, as long as he remains in service with the company on each vesting date. Following this grant, Cicic is shown as beneficially owning 557,805 shares of common stock, held directly. The transaction was reported at a price of $0.00 per share, reflecting the nature of the RSU award rather than a market purchase.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 300,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. The Reporting Person received an award of 300,000 restricted stock units on January 7, 2026, which shall vest as follows: (i) 25% on December 1, 2026 and (ii) 25% on each December 1 thereafter until fully vested, provided that the Reporting Person remains in service with the Issuer through each such vesting date.
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FAQ
What insider transaction did SELLAS Life Sciences (SLS) report for Dragan Cicic?
SELLAS Life Sciences reported that SVP and Chief Development Officer Dragan Cicic received an award of 300,000 restricted stock units on January 7, 2026.
How do the 300,000 RSUs granted to SLS executive Dragan Cicic vest?
The 300,000 restricted stock units vest as follows: 25% on December 1, 2026, and 25% on each December 1 thereafter until fully vested, subject to his continued service.
What is Dragan Cicic’s role at SELLAS Life Sciences (SLS)?
Dragan Cicic is reported as an officer of SELLAS Life Sciences Group, Inc., serving as SVP, Chief Development Officer.
What type of security is involved in the SLS Form 4 for Dragan Cicic?
The transaction involves Common Stock of SELLAS Life Sciences Group, Inc., delivered through an award of restricted stock units.