Viridian (VRDN) CEO awarded 559,600 stock options and new RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viridian Therapeutics President and CEO Stephen F. Mahoney reported multiple equity award transactions. On March 2, 2026, he was granted stock options for 559,600 shares that vest in 48 equal monthly installments after the grant date, and 111,900 restricted stock units (RSUs) that vest in four annual installments starting March 2, 2026.
On March 3, 2026, 18,357 RSUs converted into an equal number of common shares as part of a prior grant that vests annually from March 3, 2025. To cover tax obligations, 7,627 common shares were disposed of at $29.32 per share through tax withholding, leaving 33,130 common shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,357 shares exercised/converted
Mixed
5 txns
Insider
Mahoney Stephen F.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 18,357 | $0.00 | -- |
| Exercise | Common Stock | 18,357 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,627 | $29.32 | $224K |
| Grant/Award | Stock Option (Right to Buy) | 559,600 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 111,900 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 55,071 shares (Direct);
Common Stock — 40,757 shares (Direct);
Stock Option (Right to Buy) — 559,600 shares (Direct)
Footnotes (1)
- The option vests and becomes exercisable in 48 equal monthly installments following the date of the grant, subject to the Reporting Person's continued service to Issuer through each vesting date. The date of the grant is March 2, 2026. Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of common stock of the Issuer. The RSUs vest over a four year period, with 25% of the RSUs vesting on each yearly anniversary of the date of grant, March 2, 2026, subject to the Reporting Person's continued service to Issuer through each vesting date. The RSUs vest over a four year period, with 25% of the RSUs vesting on each yearly anniversary of the date of grant, March 3, 2025, subject to the Reporting Person's continued service to Issuer through each vesting date. Includes 1,000 shares acquired under Viridian Therapeutics, Inc.'s 2016 Employee Stock Purchase Plan (the "ESPP") on March 17, 2025 in transactions that were exempt under Rule 16b-3(c).
FAQ
What insider transactions did Viridian Therapeutics (VRDN) report for its CEO?
Viridian Therapeutics reported that CEO Stephen F. Mahoney received new equity awards and reported related vesting events. He was granted 559,600 stock options and 111,900 RSUs, and had 18,357 RSUs convert into common stock, with 7,627 shares withheld to cover taxes at $29.32 per share.
How many stock options were granted to the Viridian (VRDN) CEO in this Form 4?
The CEO received stock options covering 559,600 shares. These options vest in 48 equal monthly installments following the March 2, 2026 grant date, conditioned on his continued service. This structure spreads potential share availability over four years rather than all at once.
What restricted stock unit (RSU) awards did the VRDN CEO report?
Stephen F. Mahoney reported a grant of 111,900 RSUs on March 2, 2026. These RSUs vest over four years, with 25% vesting on each yearly anniversary of the grant date, subject to his continued service, creating a long-term, time-based equity incentive structure.
How did RSU vesting affect the Viridian (VRDN) CEO’s common stock holdings?
On March 3, 2026, 18,357 RSUs converted into 18,357 common shares. After 7,627 shares were withheld for taxes, Mahoney’s directly held common stock position was reported as 33,130 shares, reflecting the net increase in his share ownership from the vesting event.
What are the vesting terms for the CEO’s Viridian (VRDN) equity awards?
The stock options vest in 48 equal monthly installments after March 2, 2026, requiring continued service each month. The new RSUs vest 25% on each yearly anniversary of March 2, 2026, while earlier RSUs vest 25% annually from March 3, 2025 under similar service conditions.