Unicycive Therapeutics (UNCY) director receives sizeable new RSU awards
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Kenkare-Mitra Sara reported acquisition or exercise transactions in this Form 4 filing.
Unicycive Therapeutics director Sara Kenkare-Mitra received two new restricted stock unit (RSU) awards as equity compensation. On May 14, 2026, she was granted 42,100 RSUs and a separate 84,200 RSU annual award, each payable solely in common stock.
For the 42,100-unit RSU award, 11,694 shares vest immediately, with 2,339 shares vesting monthly over 31 months beginning June 1, 2026, subject to her continued service. For the 84,200-unit annual RSU award, 17,542 shares vest upon grant and 3,508 vest monthly over 7 months starting the same date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kenkare-Mitra Sara
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 84,200 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 42,100 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 84,200 shares (Direct, null)
Footnotes (1)
- 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. 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
RSU grant size: 42,100 units
Annual RSU award size: 84,200 units
Immediate vesting from RSU Award: 11,694 shares
+5 more
8 metrics
RSU grant size
42,100 units
Restricted Stock Units granted on May 14, 2026
Annual RSU award size
84,200 units
Annual Restricted Stock Units granted on May 14, 2026
Immediate vesting from RSU Award
11,694 shares
Portion of 42,100-unit RSU award vesting upon grant
Monthly vesting from RSU Award
2,339 shares/month
Over 31 months starting June 1, 2026, for 42,100-unit award
Immediate vesting from Annual RSU
17,542 shares
Portion of 84,200-unit annual RSU award vesting upon grant
Monthly vesting from Annual RSU
3,508 shares/month
Over 7 months starting June 1, 2026, for annual RSU award
Holdings after first RSU grant
126,300 units
Total restricted stock units following 42,100-unit award
Holdings after annual RSU grant
84,200 units
Total restricted stock units following 84,200-unit annual award
Key Terms
Restricted Stock Units, RSU Award, Annual RSU Award, vest
4 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"
Annual RSU Award financial
"Represents grant of restricted stock units (the "Annual RSU Award") payable solely in common stock"
vest financial
"11,694 shares vest upon grant and 2,339 vest monthly over 31 months"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did UNCY director Sara Kenkare-Mitra report?
Sara Kenkare-Mitra reported receiving two restricted stock unit awards. On May 14, 2026, she was granted 42,100 RSUs and a separate 84,200-unit annual RSU award, both payable in Unicycive Therapeutics common stock as part of her equity compensation.
How many restricted stock units did UNCY grant in total to the director?
The director received RSU grants of 42,100 units and 84,200 units. Each grant is structured as restricted stock units payable solely in Unicycive Therapeutics common stock, with portions vesting immediately and the remainder vesting monthly over specified periods.
What is the vesting schedule for Sara Kenkare-Mitra’s 42,100-unit RSU award at UNCY?
The 42,100-unit RSU award vests over roughly 32 months. According to the filing, 11,694 shares vest upon grant, and 2,339 shares vest monthly over 31 months beginning June 1, 2026, contingent on her continued service with Unicycive Therapeutics.
How do the annual RSU awards for UNCY’s director vest over time?
The 84,200-unit annual RSU award vests in two phases. Footnotes state 17,542 shares vest upon grant, and 3,508 shares vest monthly over 7 months starting June 1, 2026, provided Sara Kenkare-Mitra continues serving the company.
Are the UNCY restricted stock unit awards paid in cash or stock?
Both awards are payable solely in Unicycive common stock. The filing specifies each restricted stock unit grant, including the annual RSU award, will settle in shares of the company’s common stock as vesting conditions are satisfied.
Does this UNCY Form 4/A reflect open-market buying or selling?
No, the transactions are equity compensation grants, not market trades. The Form 4/A lists RSU awards coded as "A" for grant or award acquisition, with a price per unit of $0.0000, indicating non-cash, compensation-related issuances.