Unicycive Therapeutics (UNCY) EVP receives 169,500 RSU equity award
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Jermasek Douglas reported acquisition or exercise transactions in this Form 4 filing.
Unicycive Therapeutics EVP Douglas Jermasek received a grant of 169,500 restricted stock units payable in common stock. According to the award terms, 23,542 shares vest immediately on grant and 4,708 shares vest monthly over 31 months beginning on June 1, 2026, contingent on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jermasek Douglas
Role
EVP, Corporate Strategy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 169,500 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 169,500 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 169,500 units
Immediate vesting portion: 23,542 shares
Monthly vesting tranche: 4,708 shares
+2 more
5 metrics
RSU grant size
169,500 units
Restricted stock units granted to EVP Douglas Jermasek
Immediate vesting portion
23,542 shares
Portion of RSU award vesting upon grant
Monthly vesting tranche
4,708 shares
Monthly vesting over 31 months beginning June 1, 2026
Post-transaction holdings
169,500 shares
Underlying common shares following RSU grant
Transaction price per unit
$0.0000
Indicates RSU grant at no cash cost to insider
Key Terms
Restricted Stock Units, RSU Award, vest monthly
3 terms
Restricted Stock Units financial
"Represents grant of restricted stock units (the "RSU Award") payable solely in common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSU Award financial
"Represents grant of restricted stock units (the "RSU Award") payable solely in common stock"
vest monthly financial
"4,708 shares vest monthly over 31 months beginning June 1, 2026"
FAQ
What insider transaction did Unicycive Therapeutics (UNCY) report for Douglas Jermasek?
Unicycive Therapeutics reported that EVP of Corporate Strategy Douglas Jermasek received a grant of 169,500 restricted stock units. These units are payable in common stock and represent equity-based compensation rather than an open-market stock purchase or sale.
How many Unicycive (UNCY) restricted stock units were granted in this Form 4/A?
The filing shows a grant of 169,500 restricted stock units to Douglas Jermasek. This entire award is structured as equity compensation, with all 169,500 units tied to Unicycive’s common stock, subject to the specific vesting schedule disclosed.
What is the vesting schedule for Douglas Jermasek’s Unicycive (UNCY) RSU award?
The RSU award vests in two parts: 23,542 shares vest upon grant, and 4,708 shares vest monthly over 31 months starting June 1, 2026. Vesting is conditioned on Jermasek’s continued service with Unicycive Therapeutics.
What are Douglas Jermasek’s Unicycive (UNCY) holdings after this RSU transaction?
After the reported transaction, the filing lists 169,500 underlying common shares associated with Douglas Jermasek’s restricted stock units. This figure represents his position related to this award following the grant, as disclosed in the ownership table.
Are there any unexercised derivative positions disclosed for Douglas Jermasek in this Unicycive filing?
The derivative summary in the filing is empty, indicating no additional derivative positions such as options or warrants reported beyond this restricted stock unit grant. The only derivative transaction shown is the 169,500-unit RSU award.