Sarepta director granted 16,875 RSUs
Chambers Michael Andrew reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Chambers Michael Andrew reported acquisition or exercise transactions in this Form 4 filing.
Sarepta Therapeutics director Michael Andrew Chambers reported an equity award of 16,875 shares of common stock in the form of restricted stock units. The RSUs were granted at no cash cost per share and will vest on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders, provided it occurs at least 50 weeks after the prior annual meeting. Following this grant, Chambers holds 27,535 shares directly, in addition to 476,492 shares held indirectly through a revocable trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,875 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The Reporting Person was granted restricted stock units ("RSUs"). Each RSU represents the right to receive one share of common stock. The RSUs will vest on earlier of the one-year anniversary of the date of grant and the next annual meeting of stockholders which is at least 50 weeks after the immediately preceding year's annual meeting.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
revocable trust financial
annual meeting of stockholders financial
FAQ
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What insider transaction did Sarepta Therapeutics (SRPT) report for Michael Andrew Chambers?
What are the vesting terms of Michael Andrew Chambers’ new RSUs at Sarepta Therapeutics (SRPT)?
Is Michael Andrew Chambers’ Sarepta Therapeutics (SRPT) RSU award a market purchase of shares?
AI-generated analysis. How Rhea-AI works. Not financial advice.