Entrada Therapeutics (TRDA) CEO gets RSUs, options and tax-related share sales
Rhea-AI Filing Summary
Entrada Therapeutics CEO Dipal Doshi reported new equity awards and automatic tax-related share sales. On March 1, 2026, Doshi received 139,400 restricted stock units under the 2021 Stock Option and Incentive Plan and a stock option covering 208,000 shares of common stock, both granted at $0.00 per share.
The RSUs vest in four 25% installments each March 1 from 2027 through 2030, while 25% of the option vests on March 1, 2027 and the rest monthly through March 1, 2030. On March 2 and 3, 2026, a total of 29,050 shares of common stock were automatically sold by the company under a mandatory sell-to-cover provision to satisfy minimum tax withholding, at weighted average prices of $11.6579 and $11.7564 per share.
Following these transactions, Doshi directly owned 526,014 shares of Entrada Therapeutics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 19,181 | $11.7564 | $225K |
| Tax Withholding | Common Stock | 9,869 | $11.6579 | $115K |
| Grant/Award | Stock Option (Right to Buy) | 208,000 | $0.00 | -- |
| Grant/Award | Common Stock | 139,400 | $0.00 | -- |
Footnotes (1)
- Represents a grant of restricted stock units ("RSUs") under the Issuer's 2021 Stock Option and Incentive Plan. Each RSU represents the contingent right to receive one share of the Issuer's common stock. The RSUs shall vest as follows: (i) 25% on March 1, 2027; (ii) 25% on March 1, 2028; (iii) 25% on March 1, 2029 and (iv) the remaining 25% on March 1, 2030, so long as the Reporting Person remains an employee or other service provider of the Issuer through such date. Represents shares automatically sold by the Company on behalf of the reporting person pursuant to a mandatory sell-to-cover provision in the award agreement required to cover minimum statutory tax withholding obligations. The sale does not represent a discretionary trade by the reporting person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.17 to $11.91, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.22 to $12.095, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. 25% of the option shares shall vest and become exercisable on March 1, 2027, with the remaining 75% vesting in thirty-six (36) equal monthly installments thereafter, such that the option shares will be fully vested on March 1, 2030.