Viridian Therapeutics (VRDN) grants options and RSUs to Chief Legal Officer
Rhea-AI Filing Summary
Viridian Therapeutics’ Chief Legal Officer Jennifer Tousignant reported multiple equity compensation transactions. On March 2, 2026, she received a grant of stock options for 119,300 shares and 23,850 restricted stock units, each RSU representing one share of common stock. The option grant vests in 48 equal monthly installments after the grant date, while the RSUs vest over four years, with 25% vesting on each yearly anniversary of the grant date, subject to continued service.
On March 3, 2026, 5,169 RSUs vested and were converted into 5,169 shares of common stock. In connection with this vesting, 1,724 shares of common stock were disposed of at $29.32 per share to cover tax withholding obligations. After these transactions, she directly held 15,510 RSUs and 3,445 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,169 | $0.00 | -- |
| Exercise | Common Stock | 5,169 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,724 | $29.32 | $51K |
| Grant/Award | Stock Option (Right to Buy) | 119,300 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 23,850 | $0.00 | -- |
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.