Sarepta executive granted 1,875 performance stock units
Sarepta Therapeutics, Inc. reported that executive Louise Rodino-Klapac, President of R&D and Tech Ops, acquired 1,875 Performance Stock Units (PSUs) on the basis of a prior equity award.
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Rhea-AI Filing Summary
Sarepta Therapeutics, Inc. reported that executive Louise Rodino-Klapac, President of R&D and Tech Ops, acquired 1,875 Performance Stock Units (PSUs) on the basis of a prior equity award. These PSUs were earned under a PSU grant originally awarded on March 1, 2024.
The number of PSUs earned reflects the compensation committee’s assessment of the company’s achievement of specified milestones in that award. Following this transaction, Rodino-Klapac holds a total of 8,125 PSUs. The earned PSUs are scheduled to vest on March 1, 2026, provided she continues to serve the company through that date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 1,875 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents the number of shares earned under a PSU award granted to the Reporting Person on March 1, 2024. The number of shares earned is based on the Compensation Committee's determination of the Company's achievement of the prescribed milestones under the terms of the PSU award. The earned PSUs will vest on March 1, 2026, subject to the Reporting Person continuing to provide service to the Company through such vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sarepta Therapeutics (SRPT) report for Louise Rodino-Klapac?
When were the Sarepta Therapeutics PSUs originally granted to Louise Rodino-Klapac?
How many Sarepta Therapeutics PSUs does Louise Rodino-Klapac hold after this Form 4?
What conditions apply to the vesting of Louise Rodino-Klapac’s earned Sarepta PSUs?
What does the compensation committee’s milestone assessment mean for Sarepta’s PSU award?
Was there any purchase price for the Sarepta Therapeutics PSUs granted to Louise Rodino-Klapac?
AI-generated analysis. How Rhea-AI works. Not financial advice.