[Form 4] Verona Pharma plc Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Insider Trade Summary
Net Seller: 824 shares ($10,830)
Net Sell
3 txns
Insider
Brady James Aloysius
Role
Director
Sold
824 shs ($11K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 24,000 | $0.00 | -- |
| Exercise | Ordinary Shares | 24,000 | $0.00 | -- |
| Sale | Ordinary Shares | 824 | $13.1437 | $11K |
Holdings After Transaction:
Restricted Stock Units — 72,000 shares (Direct);
Ordinary Shares — 24,000 shares (Direct)
Footnotes (1)
- Reported securities are represented by American Depositary Shares ("ADSs"), each of which represents eight (8) Ordinary Shares of the Issuer. The sale reported in the Form 4 represents a mandatory "sell-to-cover" transaction for the purpose of satisfying the reporting person's tax withholding obligation upon the vesting of the restricted stock units ("RSUs"). The price reported represents the sale price of the ADSs divided by eight (8). Consists of 23,176 Ordinary Shares represented by 2,897 ADSs. Represents an award of RSUs covering ADSs, which is presented in terms of the equivalent number of Ordinary Shares underlying the ADSs. Each RSU represents a contingent right to receive one (1) ADS of the Issuer. Each ADS represents eight (8) Ordinary Shares of the Issuer. The RSUs have no expiration date. The RSUs vest as to 25% of the total shares on each of August 1, 2025, November 1, 2025, February 1, 2026 and May 1, 2026 subject to the Reporting Person's continued service to the Issuer on each vesting date.