Director Laumas receives new RSU awards at Unicycive (NASDAQ: UNCY)
Rhea-AI Filing Summary
Laumas Sandeep reported acquisition or exercise transactions in this Form 4 filing.
Unicycive Therapeutics director Sandeep Laumas received two equity compensation grants in the form of restricted stock units (RSUs). The Form 4/A reports awards covering 42,100 and 84,200 RSUs, each payable solely in Unicycive common stock.
Footnotes explain that one RSU award provides 11,694 shares vesting upon grant and 2,339 shares vesting monthly over 31 months beginning June 1, 2026, subject to his continued service. A second annual RSU award provides 17,542 shares vesting upon grant and 3,508 shares vesting monthly over 7 months beginning the same date, also contingent on continued service. These are compensation-related grants at a stated price of $0.00 per unit, not open‑market share purchases or sales.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 84,200 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 42,100 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents grant of restricted stock units (the "RSU Award") payable solely in common stock of the Issuer. 11,694 shares vest upon grant and 2,339 vest monthly over 31 months beginning June 1, 2026, subject to the Reporting Person's continued service with the Issuer.
- F2. Represents grant of restricted stock units (the "Annual RSU Award") payable solely in common stock of the Issuer. 17,542 shares vest upon grant and 3,508 vest monthly over 7 months beginning June 1, 2026, subject to the Reporting Person's continued service with the Issuer.
Key Figures
Key Terms
Restricted Stock Units financial
RSU Award financial
Annual RSU Award financial
vesting financial
underlying security financial
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