Syndax Pharmaceuticals (SNDX) director receives 24,000 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Syndax Pharmaceuticals director Martin H. Huber Jr. received an award of 24,000 shares in the form of restricted stock units on February 4, 2026, at a price of $0 per share. After this grant, he beneficially owns 103,000 shares of common stock in direct form.
The restricted stock units vest one year from the grant date. The underlying shares will not be delivered and cannot be transferred or sold until the earlier of a separation from service, death, disability, or a change in control of the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Huber Martin H. Jr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 103,000 shares (Direct)
Footnotes (1)
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FAQ
What did Syndax Pharmaceuticals (SNDX) disclose in this Form 4 filing?
Syndax Pharmaceuticals reported that director Martin H. Huber Jr. received 24,000 restricted stock units at $0 per share. Following this equity grant, he beneficially owns 103,000 shares of common stock in direct ownership, according to the filing’s ownership table.
What is the vesting schedule for the 24,000 restricted stock units at Syndax (SNDX)?
The 24,000 restricted stock units vest one year from the grant date. This means the director earns full rights to the underlying shares after one year, assuming continued service and subject to the specified triggering and delivery conditions.
When can the granted Syndax (SNDX) restricted stock units be delivered or sold?
The shares underlying the restricted stock units will not be delivered and cannot be transferred or sold until the earlier of separation from service, death, disability, or a change in control. These conditions delay actual share receipt and any potential sale.
Was cash paid for the Syndax (SNDX) restricted stock unit grant?
No cash was paid for this grant; the transaction price per share is reported as $0. The award represents equity-based compensation rather than a market purchase of Syndax common stock by the director.