Protara Therapeutics (TARA) CFO receives new RSUs and 175,000 options
Rhea-AI Filing Summary
Protara Therapeutics Chief Financial Officer Patrick Fabbio reported new equity awards in the company. On January 16, 2026, he received 28,000 shares of common stock at a price of $0, issued as restricted stock units. These RSUs vest in three equal installments on the first, second and third anniversaries of January 16, 2026, as long as he remains in continuous service. After this grant, he directly beneficially owned 70,439 shares of common stock.
On the same date, he was also granted 175,000 stock options with an exercise price of $5.01 per share. For these options, 25% vest on the one-year anniversary of January 16, 2026, and the remaining portion vests in equal monthly installments over the following three years, also conditioned on continued service. Following this grant, he directly held 175,000 stock options in total.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 175,000 | $0.00 | -- |
| Grant/Award | Common Stock | 28,000 | $0.00 | -- |
Footnotes (1)
- The shares being reported are being issued pursuant to restricted stock unit awards (RSUs), each of which represents a contingent right to receive one share of Issuer's common stock. The RSUs vest in equal one third installments on the first, second and third anniversaries of January 16, 2026, subject to the Reporting Person's continuous service with the Issuer as of each such date. 25% of the shares vest on the one year anniversary of January 16, 2026 and 1/48th of the shares vest monthly thereafter over the next three years, subject to the Reporting Person's continuous service with the Issuer as of each such date.