Sarepta (SRPT) grants director 16,875 RSUs with one-year vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sarepta Therapeutics, Inc. reported that director Deirdre P. Connelly acquired 16,875 shares of common stock through a grant of restricted stock units (RSUs) at $0.00 per share as director compensation. Following this award, she directly holds 22,100 shares of Sarepta common stock.
The footnote explains that each RSU represents one share of common stock and will vest on the earlier of the one-year anniversary of the grant date or the next annual stockholder meeting that occurs at least 50 weeks after the prior year’s meeting. This is a stock-based compensation grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Connelly Deirdre P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,875 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 22,100 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 16,875 shares
Grant price: $0.00 per share
Total shares after grant: 22,100 shares
3 metrics
RSUs granted
16,875 shares
Common Stock RSU award to director on 2026-06-04
Grant price
$0.00 per share
Equity compensation grant price for RSUs
Total shares after grant
22,100 shares
Director Deirdre Connelly direct holdings following transaction
Key Terms
restricted stock units ("RSUs"), vest, annual meeting of stockholders
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.
vest financial
"The RSUs will vest on earlier of the one-year anniversary of the date of grant"
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.
annual meeting of stockholders financial
"and the next annual meeting of stockholders which is at least 50 weeks after"
FAQ
What insider transaction did Sarepta Therapeutics (SRPT) report in this Form 4?
Sarepta reported a grant of 16,875 restricted stock units to director Deirdre P. Connelly. Each RSU represents one share of common stock, increasing her direct holdings to 22,100 shares after the award.
When do the newly granted Sarepta (SRPT) RSUs to Deirdre Connelly vest?
The RSUs vest on the earlier of one year from the grant date or the next annual stockholder meeting. That meeting must occur at least 50 weeks after the immediately preceding year’s annual meeting, according to the footnote.
Is the Sarepta (SRPT) Form 4 transaction an open-market buy or a compensation grant?
The Form 4 shows a compensation-related grant of restricted stock units, not an open-market purchase. The transaction code is “A,” and the footnote explains these RSUs are an equity award with vesting conditions for the director.