Scholar Rock (SRRK) CEO David Hallal awarded 128,004 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hallal David reported acquisition or exercise transactions in this Form 4 filing.
Scholar Rock Holding Corp reported that Chief Executive Officer and director David Hallal received a grant of 128,004 restricted stock units (RSUs) of common stock on February 9, 2026 at a price of $0.00 per share. These RSUs vest in four annual installments, starting on January 15, 2027, subject to his continued service.
Following this award, Hallal beneficially owns 1,669,649 shares of common stock directly, consisting of shares and both time-based and performance-based RSUs. In addition, 205,000 shares are held indirectly by the Hallal Family Irrevocable Trust, where his spouse is a trustee and he disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hallal David
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 128,004 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,669,649 shares (Direct);
Common Stock — 205,000 shares (Indirect, By trust)
Footnotes (1)
- Represents restricted stock units ("RSUs") subject to time-based vesting conditions. Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. The shares subject to this RSU vest in four annual installments over four years, with the first annual installment to vest on January 15, 2027 and each additional installment to vest annually thereafter; provided the reporting person continues to have a service relationship with the Issuer on each such vesting date. Consists of 166,645 shares of common stock, 378,004 RSUs subject to time-based vesting conditions and 1,125,000 RSUs subject to performance- and time-based vesting conditions. Shares owned by the Hallal Family Irrevocable Trust - 2012 dated November 19, 2012 (the "Hallal Trust") for no consideration. The reporting person's spouse serves as a trustee of the Hallal Trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
FAQ
What insider transaction did SRRK CEO David Hallal report?
David Hallal reported receiving a grant of 128,004 restricted stock units of Scholar Rock common stock at $0.00 per share. The award is a stock-based compensation grant, not an open-market purchase, and is subject to multi-year vesting tied to his continued service.
How do the new RSUs granted to SRRK’s CEO vest over time?
The 128,004 RSUs granted to Scholar Rock CEO David Hallal vest in four equal annual installments. The first installment vests on January 15, 2027, with additional installments vesting annually thereafter, provided he maintains a service relationship with Scholar Rock on each vesting date.
What is the nature of the Hallal Family Irrevocable Trust’s SRRK holdings?
The Hallal Family Irrevocable Trust holds 205,000 Scholar Rock common shares for no consideration. Hallal’s spouse is a trustee, and Hallal disclaims beneficial ownership of these shares except for any pecuniary interest, meaning they are reported as indirectly held through the trust.
Is the SRRK CEO’s Form 4 transaction a stock purchase or a compensation grant?
The transaction is a compensation-related grant, not an open-market stock purchase. The Form 4 uses code “A” for a grant, award, or other acquisition, reporting 128,004 RSUs at $0.00 per share as part of Hallal’s equity-based compensation package.
What types of equity awards make up David Hallal’s SRRK beneficial ownership?
David Hallal’s reported beneficial ownership includes 166,645 shares of common stock, 378,004 RSUs with time-based vesting, and 1,125,000 RSUs with performance- and time-based vesting. Together, these positions comprise the 1,669,649 directly beneficially owned common shares disclosed in the Form 4.