Verastem (VSTM) director awarded 36,000 RSUs vesting through 2027
Rhea-AI Filing Summary
Bunn Paul A. reported acquisition or exercise transactions in this Form 4 filing.
Verastem, Inc. director Paul A. Bunn received an equity grant of 36,000 shares of Common Stock in the form of restricted stock units (RSUs) under the company’s Amended and Restated 2021 Equity Incentive Plan. This is a compensation-related award, not an open-market purchase.
Each RSU represents one share of Common Stock. The award vests in twelve substantially equal monthly installments from the end of June 2026 through April 2027, with the final installment vesting on the earlier of the day before the 2027 annual stockholder meeting or May 31, 2027, subject to his continued board service. After this grant, Bunn holds 44,333 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 36,000 shares
Net Buy
1 txn
Insider
Bunn Paul A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 36,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 44,333 shares (Direct)
Footnotes (1)
- F1. RSUs granted to the Reporting Person under the Issuer's Amended and Restated 2021 Equity Incentive Plan. Each RSU represents the contingent right to receive one share of Common Stock. The RSUs vest in twelve substantially equal installments (rounded down to the nearest whole share on each vesting date except with respect to the final vesting date on which the remaining unvested portion shall vest). The first eleven installments shall vest beginning on the last day of each month over a period from June, 2026 to April, 2027 and the last installment shall vest on the earlier of (i) the day before the 2027 Annual Meeting of Stockholders is held or (ii) May 31, 2027, provided that the Reporting Person continues to serve as a director of the Issuer on each such vesting date.
Key Figures
RSUs granted: 36,000 shares
Shares held after grant: 44,333 shares
Grant price: $0.00 per share
+2 more
5 metrics
RSUs granted
36,000 shares
Restricted stock units awarded to director Paul A. Bunn
Shares held after grant
44,333 shares
Total Verastem Common Stock held directly post-transaction
Grant price
$0.00 per share
Compensation award, not an open-market purchase
Vesting period start
June 2026
First of eleven monthly vesting installments
Final vesting deadline
May 31, 2027
Latest date for final RSU installment to vest
Key Terms
RSUs, Amended and Restated 2021 Equity Incentive Plan, vest, Annual Meeting of Stockholders
4 terms
RSUs financial
"RSUs granted to the Reporting Person under the Issuer's Amended and Restated 2021 Equity Incentive Plan."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Amended and Restated 2021 Equity Incentive Plan financial
"RSUs granted to the Reporting Person under the Issuer's Amended and Restated 2021 Equity Incentive Plan."
vest financial
"The RSUs vest in twelve substantially equal installments (rounded down to the nearest whole share on each vesting date..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Annual Meeting of Stockholders financial
"The last installment shall vest on the earlier of (i) the day before the 2027 Annual Meeting of Stockholders is held..."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Verastem (VSTM) director Paul A. Bunn report on this Form 4?
Paul A. Bunn reported receiving 36,000 restricted stock units (RSUs) of Verastem Common Stock as a compensation grant. These RSUs were awarded under Verastem’s Amended and Restated 2021 Equity Incentive Plan and increase his directly held shares to 44,333 after the transaction.
Is Paul A. Bunn buying or selling Verastem (VSTM) stock in this filing?
He is not buying or selling shares on the open market in this filing. The Form 4 shows a grant of 36,000 RSUs as compensation, recorded at a per-share price of $0.00, rather than a discretionary market purchase or sale.
How do the 36,000 Verastem (VSTM) RSUs granted to Paul A. Bunn vest?
The 36,000 RSUs vest in twelve substantially equal installments. Eleven installments vest on the last day of each month from June 2026 through April 2027. The final portion vests just before the 2027 annual stockholder meeting or on May 31, 2027, if he remains a director.
What does this RSU grant mean for Paul A. Bunn’s Verastem (VSTM) ownership?
After the grant, Paul A. Bunn directly holds 44,333 shares of Verastem Common Stock. The 36,000 RSUs convert into shares only as they vest over time, so the full economic benefit depends on his continued service and future stock price.
Under which plan were the Verastem (VSTM) RSUs granted to Paul A. Bunn?
The RSUs were granted under Verastem’s Amended and Restated 2021 Equity Incentive Plan. This plan authorizes equity-based awards like RSUs to directors and other participants, aligning their potential future compensation with the company’s stock performance.