Vanda director granted 41,600 RSUs
Vanda Pharmaceuticals director Honore Tage received a grant of 41,600 shares of common stock through a restricted stock unit (RSU) award.
Rhea-AI Filing Summary
Vanda Pharmaceuticals director Honore Tage received a grant of 41,600 shares of common stock through a restricted stock unit (RSU) award. The RSUs are time-based and will vest 100% on June 4, 2027, if Tage continues to provide service to the company through that date.
Following this grant, Tage directly holds 135,069 shares of Vanda Pharmaceuticals common stock. Because the shares were awarded as equity compensation at no cash cost, this filing reflects a compensation-related acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 41,600 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents shares of common stock underlying a time-based restricted stock unit award (RSU). 100% of the shares subject to this RSU will vest on June 4, 2027, provided that the Reporting Person has provided continuous service to the Issuer through the vesting date.
Key Figures
Key Terms
restricted stock unit award (RSU) financial
time-based financial
vesting date financial
continuous service financial
FAQ
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What did Vanda Pharmaceuticals (VNDA) director Honore Tage report on this Form 4?
When do Honore Tage’s Vanda Pharmaceuticals (VNDA) RSUs vest?
What conditions apply to Honore Tage’s Vanda Pharmaceuticals (VNDA) RSU award?
AI-generated analysis. How Rhea-AI works. Not financial advice.