Protara (TARA) grants RSUs and 180,000 options to CSO Zummo
Rhea-AI Filing Summary
Protara Therapeutics reported an equity compensation grant to its Chief Scientific Operations Officer, Jacqueline Zummo. On January 16, 2026, she received 30,000 shares of common stock for $0, issued pursuant to restricted stock unit awards. Following this grant, she beneficially owned 128,861 common shares directly.
The filing also shows a grant of 180,000 stock options with a $5.01 exercise price, recorded at a $0 acquisition cost. The RSUs vest in three equal annual installments on the first, second and third anniversaries of January 16, 2026, contingent on continued service. The options vest 25% on the one-year anniversary of January 16, 2026, with the remaining 75% vesting in 1/48th monthly installments over the next three years, also conditioned on ongoing service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 180,000 | $0.00 | -- |
| Grant/Award | Common Stock | 30,000 | $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.
FAQ
What insider transaction did Protara Therapeutics (TARA) report for Jacqueline Zummo?
The company reported that Chief Scientific Operations Officer Jacqueline Zummo received 30,000 shares of common stock for $0 and 180,000 stock options on January 16, 2026, as part of her equity compensation.
What are the terms of the restricted stock units (RSUs) granted to the Protara (TARA) officer?
The 30,000 RSU-based shares represent rights to receive one share of common stock each and vest in three equal one-third installments on the first, second and third anniversaries of January 16, 2026, subject to her continuous service.
How do the stock options granted to the Protara (TARA) officer vest?
The 180,000 stock options have an exercise price of $5.01 per share. 25% of the options vest on the one-year anniversary of January 16, 2026, and 1/48th of the options vest monthly thereafter over the following three years, conditioned on continued service.
What is the expiration date of the stock options granted by Protara Therapeutics (TARA)?
The 180,000 stock options granted to the officer expire on January 15, 2036, if not exercised earlier in accordance with the plan terms.
Are the reported Protara Therapeutics (TARA) equity awards held directly or indirectly?
Both the 128,861 common shares beneficially owned after the RSU grant and the 180,000 stock options are reported as held under direct ownership.