Vera Therapeutics (VERA) CRO receives 25,000 RSUs and 50,000-share option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vera Therapeutics Chief Regulatory Officer receives new equity awards. William D. Turner was granted 25,000 restricted stock units (RSUs) of Class A Common Stock and a stock option covering 50,000 shares. The option has a $42.74 exercise price and was granted for no cash consideration.
One-fourth of the RSUs vest on each of February 20, 2027, 2028, 2029 and 2030, if he remains in service. The option vests in 48 equal monthly installments, starting March 4, 2026, also subject to continued service. After these grants, he directly holds 47,500 Class A shares and 50,000 options.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Turner William D.
Role
Chief Regulatory Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 50,000 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 25,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 50,000 shares (Direct);
Class A Common Stock — 47,500 shares (Direct)
Footnotes (1)
- Represents the number of shares of Class A Common Stock underlying the restricted stock units ("RSUs") granted under the Issuer's 2021 Equity Incentive Plan. One-fourth of the RSUs, rounded to the nearest whole share, vest on each of February 20, 2027, 2028, 2029 and 2030, subject to the Reporting Person's continuous service through each vesting date. 1/48th of the shares subject to the stock option will vest and become exercisable on March 4, 2026, and 1/48th of the shares subject to the stock option will vest and become exercisable monthly on the same day of each month thereafter, subject to the Reporting Person's continuous service through each vesting date.
FAQ
What insider equity awards did Vera Therapeutics (VERA) grant to its CRO?
Vera Therapeutics granted Chief Regulatory Officer William D. Turner 25,000 restricted stock units and a stock option for 50,000 Class A Common shares. Both grants were awarded for no cash consideration as part of his equity compensation.
How do William D. Turner’s new RSUs at Vera Therapeutics (VERA) vest?
The 25,000 RSUs vest in four equal annual installments. One-fourth vests on each of February 20, 2027, 2028, 2029 and 2030, provided Turner maintains continuous service with Vera Therapeutics through each scheduled vesting date.
What are the key terms of William D. Turner’s new stock option at Vera Therapeutics (VERA)?
The stock option covers 50,000 Class A Common shares at a $42.74 exercise price. It was granted on February 4, 2026 and expires on February 3, 2036, giving long-term potential to purchase company stock.
What is the vesting schedule for the new Vera Therapeutics (VERA) stock option?
The option vests over 48 months. One-forty-eighth of the 50,000 shares vests and becomes exercisable on March 4, 2026, with additional one-forty-eighth portions vesting monthly thereafter, conditioned on Turner’s continued service.
What role does William D. Turner hold at Vera Therapeutics (VERA)?
William D. Turner serves as Chief Regulatory Officer of Vera Therapeutics. The reported equity grants of RSUs and stock options represent part of his compensation in that executive officer role with the company.