Stoke Therapeutics officer exercises 10,000 RSUs
Stoke Therapeutics Chief Patient Officer Jason Hoitt exercised 10,000 restricted stock units into 10,000 shares of common stock.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 10,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 10,000 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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).
- F2. Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share of the Issuer's Common Stock upon settlement.
- F3. 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
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What insider transaction did Stoke Therapeutics (STOK) report for Jason Hoitt?
What type of securities did Jason Hoitt exercise in the Stoke Therapeutics (STOK) filing?
How do Jason Hoitt’s restricted stock units in Stoke Therapeutics (STOK) vest?
What does the footnote about the Stoke Therapeutics (STOK) Employee Stock Purchase Plan indicate?
AI-generated analysis. How Rhea-AI works. Not financial advice.