Summit Therapeutics awards 100,000-unit stock grant
The award is scheduled to vest on October 8, 2029, subject to continued employment; each vested unit entitles the chief accounting officer to one common share.
Sentiment and the balance of points
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Rhea-AI Filing Summary
On October 8, 2026, Summit Therapeutics Inc. Chief Accounting Officer Bhaskar Anand received a grant of 100,000 restricted stock units under the company's Amended and Restated 2020 Stock Incentive Plan. The units vest on October 8, 2029, subject to his continued employment, and each vested unit entitles him to one common share. His direct holdings after the grant were 261,047 shares, including shares previously acquired through the employee stock purchase plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 100,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Restricted stock units granted under the Issuer's Amended and Restated 2020 Stock Incentive Plan. The restricted stock units vest on October 8, 2029, subject to the Reporting Person continuing his employment with the Issuer, and will entitle the Reporting Person to one share of the Issuer's common stock for each restricted stock unit that vests.
- F2. Holdings include shares previously acquired through exempt transactions pursuant to the Issuer's employee stock purchase plan.
Key Figures
Key Terms
Restricted stock units financial
Amended and Restated 2020 Stock Incentive Plan financial
employee stock purchase plan financial
FAQ
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How many restricted stock units did SMMT's chief accounting officer receive?
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