TG Therapeutics grants CEO 622K restricted shares
TG Therapeutics reported that CEO and director Michael S. Weiss received a grant of 622,000 shares of restricted common stock on January 8, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
TG Therapeutics reported that CEO and director Michael S. Weiss received a grant of 622,000 shares of restricted common stock on January 8, 2026. The shares were granted at a price of $0 per share and are subject to performance-based vesting. They will vest on the first anniversary of the date on which the company’s total shareholder return first exceeds the return of the Nasdaq Biotechnology Index over a 3-, 5-, 7-, or 9-year period. Following this award, Weiss beneficially owned 9,778,086 shares of common stock, including other restricted shares that vest over various time periods.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 622,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Reflects a grant of restricted shares, all of which will vest on the first anniversary of the date on which the first of any of the following occur: (i) the Company's total shareholder return (TSR) exceeds the TSR of the Nasdaq Biotechnology Index (NBI) over a 3-year period; (ii) the Company's TSR exceeds the TSR of the NBI over a 5-year period; (iii) the Company's TSR exceeds the TSR of the NBI over a 7-year period; or (iv) the Company's TSR exceeds the TSR of the NBI over a 9-year period.
- F2. Includes shares of restricted Common Stock, which vest over various time periods.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did TG Therapeutics (TGTX) disclose in this Form 4 filing?
The filing shows that CEO and director Michael S. Weiss received a grant of 622,000 shares of restricted common stock on January 8, 2026, with performance-based vesting conditions.
Is this TG Therapeutics Form 4 transaction a purchase, sale, or award?
The transaction is coded "A" for acquisition and represents an equity award of restricted shares to the CEO, not an open-market purchase or sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.