Director at Sarepta (NASDAQ: SRPT) receives 16,875 RSUs as equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boor Kathryn Jean reported acquisition or exercise transactions in this Form 4 filing.
Sarepta Therapeutics, Inc. director Kathryn Jean Boor received an equity grant in the form of restricted stock units. She was granted 16,875 RSUs, each representing one share of common stock, at no cash cost. The RSUs vest on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders that is at least 50 weeks after the prior year's meeting. Following this grant, she directly holds 25,138 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Boor Kathryn Jean
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,875 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 25,138 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 16,875 shares
Grant price: $0.0000 per share
Shares after grant: 25,138 shares
3 metrics
RSU grant size
16,875 shares
Restricted stock units granted to director on 2026-06-04
Grant price
$0.0000 per share
Reported transaction price per RSU share
Shares after grant
25,138 shares
Total common stock held directly following transaction
Key Terms
restricted stock units ("RSUs"), annual meeting of stockholders, vest
3 terms
restricted stock units ("RSUs") financial
"The Reporting Person was granted restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
annual meeting of stockholders financial
"The RSUs will vest on earlier of the one-year anniversary of the date of grant and the next annual meeting of stockholders"
vest financial
"The RSUs will vest on earlier of the one-year anniversary of the date of grant and the next annual meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Sarepta Therapeutics (SRPT) report for Kathryn Jean Boor?
Sarepta reported that director Kathryn Jean Boor received a grant of 16,875 restricted stock units. Each RSU represents one share of common stock and was granted as equity compensation, not through an open-market purchase.
What is the vesting schedule for Kathryn Jean Boor’s RSUs at Sarepta Therapeutics (SRPT)?
The RSUs vest on the earlier of one year from the grant date or the next annual stockholder meeting that occurs at least 50 weeks after the prior year’s meeting. Vesting must occur before the units convert into shares.
Did Kathryn Jean Boor pay a purchase price for her Sarepta Therapeutics (SRPT) RSU grant?
No cash purchase price was paid for the grant, as the transaction price per share is reported as 0.0000. This indicates the award is compensation-based rather than an open-market stock purchase.