UroGen CMO exercises RSUs, sells shares for tax
UroGen Pharma’s Chief Medical Officer Mark Schoenberg reported routine equity compensation activity.
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Rhea-AI Filing Summary
UroGen Pharma’s Chief Medical Officer Mark Schoenberg reported routine equity compensation activity. On June 8, he exercised restricted stock units (RSUs) covering 10,000 ordinary shares, converting them into stock at no exercise price. On the same date, 5,222 ordinary shares were sold at $27.30 per share to satisfy withholding tax obligations tied to this RSU settlement, according to the footnotes. After these transactions, Schoenberg directly held 139,763 ordinary shares of UroGen Pharma.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 10,000 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 10,000 | $0.00 | $0.00 |
| Sale | Ordinary Shares | 5,222 | $27.30 | $143K |
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one ordinary share of the Issuer.
- F2. Represents shares sold to satisfy withholding tax obligations upon the settlement of restricted stock units.
- F3. The reporting person was granted RSUs on June 8, 2023 representing 30,000 ordinary shares. The RSUs will vest in three equal annual installments from June 8, 2024.
Key Figures
Key Terms
restricted stock unit financial
withholding tax obligations financial
derivative security financial
FAQ
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What insider transactions did URGN’s Chief Medical Officer report on this Form 4?
What are the terms of Mark Schoenberg’s RSU grant mentioned in the URGN Form 4?
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