UroGen Pharma (URGN) awards director RSUs and stock options
Rhea-AI Filing Summary
UroGen Pharma Ltd. director Cynthia M. Butitta received new equity awards as part of her compensation. She was granted 8,000 restricted stock units, each representing a right to receive one ordinary share. These RSUs will vest in equal quarterly installments over one year, so the award is earned gradually as service continues.
She was also granted stock options covering 10,000 ordinary shares at an exercise price of $34.99 per share, expiring on June 22, 2036. The option shares vest in equal quarterly installments over one year, aligning her incentives with long‑term shareholder value rather than reflecting any open‑market buying or selling.
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Insights
Routine director equity grants align pay with long-term share performance.
Director Cynthia M. Butitta received equity awards consisting of 8,000 restricted stock units and options on 10,000 ordinary shares at an exercise price of $34.99. Both awards vest in equal quarterly installments over one year, conditioning value on continued board service.
These Form 4 entries reflect compensation grants, not open-market purchases or sales, so they carry limited signaling value about the director’s view of the stock. With the options expiring on June 22, 2036, her potential upside is tied to long-term share appreciation.
Subsequent company disclosures may detail additional equity awards or changes in director compensation structure, but this filing alone primarily documents standard, time-based vesting incentives.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right ot buy) | 10,000 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit | 8,000 | $0.00 | $0.00 |
Footnotes (3)
- F1. The shares underlying the stock option will vest in equal quarterly installments over a period of one year, subject to the director's Continuous Service (as defined in the 2017 Equity Incentive Plan) through such vesting dates.
- F2. Each restricted stock unit ("RSU") represents a contingent right to receive one ordinary share of the Issuer
- F3. The shares underlying the RSUs will vest in equal quarterly installments over a period of one year, subject to the director's Continuous Service (as defined in the 2017 Equity Incentive Plan) through such vesting dates.
Key Figures
Key Terms
Restricted Stock Unit financial
Stock Option financial
Continuous Service financial
2017 Equity Incentive Plan financial
exercise price financial
FAQ
What insider transactions did UroGen Pharma (URGN) report for Cynthia M. Butitta?
How many restricted stock units were granted to the UroGen Pharma director in this Form 4?
What are the terms of the stock options granted to the UroGen Pharma director?
Do the UroGen Pharma Form 4 transactions involve open-market purchases or sales of URGN stock?
How do the RSUs granted to the UroGen Pharma director vest over time?
What does Continuous Service mean in the context of UroGen Pharma’s equity awards?
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