Entrada Therapeutics (TRDA) COO logs new RSU, option grants and tax share disposals
Rhea-AI Filing Summary
Entrada Therapeutics President & COO Nathan J. Dowden reported equity compensation grants and related tax-withholding share dispositions. On March 1, 2026, he received 55,800 shares of common stock as restricted stock units and a stock option for 83,200 shares, both granted at $0.00 per share.
The RSUs vest in four equal 25% installments each March 1 from 2027 through 2030, while the option vests 25% on March 1, 2027 and the remaining 75% in 36 monthly installments through March 1, 2030. On March 2 and March 3, 2026, a total of 21,261 shares of common stock were automatically disposed of at weighted average prices of $11.6579 and $11.7564 to satisfy minimum statutory tax withholding obligations under a mandatory sell-to-cover provision, and did not represent discretionary trades. After these transactions, Dowden directly held 213,598 shares of common stock and 83,200 option shares.
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Insights
Routine equity awards with automatic tax sell-to-cover; neutral impact.
Entrada Therapeutics granted President & COO Nathan J. Dowden a sizable equity package: 55,800 restricted stock units and a stock option for 83,200 shares at $0.00 exercise price. Vesting runs through March 1, 2030, aligning incentives over a multi‑year period.
To cover minimum statutory tax obligations from these awards, the company automatically disposed of 21,261 shares via mandatory sell-to-cover at weighted average prices around $11.66–$11.76. The filing states these are not discretionary trades by Dowden, which frames them as administrative rather than directional transactions.
After these movements, Dowden directly holds 213,598 common shares plus options on 83,200 shares. Overall, this looks like standard senior executive compensation and associated tax handling, without information suggesting a material change in the company’s outlook.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 14,038 | $11.7564 | $165K |
| Tax Withholding | Common Stock | 7,223 | $11.6579 | $84K |
| Grant/Award | Stock Option (Right to Buy) | 83,200 | $0.00 | -- |
| Grant/Award | Common Stock | 55,800 | $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.