Stoke Therapeutics (STOK) chief patient officer exercises 10,000 RSUs into shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stoke Therapeutics Chief Patient Officer Jason Hoitt exercised 10,000 restricted stock units into 10,000 shares of common stock. This was a derivative exercise (code M), not an open-market purchase or sale. Following the transaction, he directly owned 13,988 shares of common stock and 30,000 RSUs.
Each RSU converts into one share of common stock upon settlement. The RSU award vests in four equal annual installments beginning on March 15, 2026, subject to his continued service. The reported ownership total also reflects 2,186 shares previously acquired through the company’s employee stock purchase plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,000 shares exercised/converted
Mixed
2 txns
Insider
Hoitt Jason
Role
Chief Patient Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 10,000 | $0.00 | -- |
| Exercise | Common Stock | 10,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 30,000 shares (Direct);
Common Stock — 13,988 shares (Direct)
Footnotes (1)
- The reported total includes an aggregate 2,186 shares acquired pursuant to the Issuer's Employee Stock Purchase Plan in one or more transactions exempt pursuant to Rules 16b-3(c) and 16b-3(d). Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share of the Issuer's Common Stock upon settlement. The award vested or vests as to 1/4 of the total award annually beginning on March 15, 2026, subject to the reporting person's continued service to the Issuer through each vesting date.
FAQ
What insider transaction did Stoke Therapeutics (STOK) report for Jason Hoitt?
Stoke Therapeutics reported that Chief Patient Officer Jason Hoitt exercised 10,000 restricted stock units into 10,000 shares of common stock. This derivative exercise was coded “M” and did not involve an open-market buy or sell transaction.
What type of securities did Jason Hoitt exercise in the Stoke Therapeutics (STOK) filing?
Jason Hoitt exercised 10,000 restricted stock units, which are derivative equity awards that convert into common shares. Each RSU represents a contingent right to receive one share of Stoke Therapeutics common stock when the unit vests and is settled.
How do Jason Hoitt’s restricted stock units in Stoke Therapeutics (STOK) vest?
Jason Hoitt’s RSU award vests in four equal annual installments, with one quarter of the total vesting each year beginning March 15, 2026. Continued service with Stoke Therapeutics is required through each vesting date for the corresponding RSUs to vest.
What does the footnote about the Stoke Therapeutics (STOK) Employee Stock Purchase Plan indicate?
The footnote explains that Hoitt’s reported total common stock holdings include 2,186 shares acquired through the Employee Stock Purchase Plan. These shares were obtained in one or more transactions exempt under SEC Rules 16b-3(c) and 16b-3(d).