Verastem (VSTM) CEO Dan Paterson awarded 213,785 RSUs in equity grant
Rhea-AI Filing Summary
Verastem, Inc. reported an equity award to its President and CEO, Dan Paterson. On January 21, 2026, he was granted 213,785 shares of Verastem common stock in the form of restricted stock units (RSUs) at a price of $0.00 per share under the company’s Amended and Restated 2021 Equity Incentive Plan. Following this grant, he beneficially owns 613,889 shares of common stock directly.
The RSUs are scheduled to vest over three years. They vest as to 33.3% of the award on each of the first three anniversaries of January 21, 2026, so that the grant is fully vested on January 21, 2029. Vesting requires that Paterson continue to serve as an employee or other service provider to Verastem on each vesting date.
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FAQ
What insider transaction did Verastem (VSTM) disclose in this Form 4?
Verastem disclosed that its President and CEO, Dan Paterson, received a grant of 213,785 shares of common stock in the form of restricted stock units (RSUs) on January 21, 2026 at a price of $0.00 per share under the company’s Amended and Restated 2021 Equity Incentive Plan.
How many Verastem (VSTM) shares does Dan Paterson own after this grant?
After the reported RSU grant, Dan Paterson is shown as beneficially owning 613,889 shares of Verastem common stock, held directly, according to the Form 4.
How do the new Verastem (VSTM) RSUs granted to the CEO vest?
The RSUs vest as to 33.3% of the award on each of the first three anniversaries of January 21, 2026. The award is fully vested on January 21, 2029, with interim vesting dates rounded down to the nearest whole RSU and the remaining RSUs vesting on the final date.
What conditions apply to Dan Paterson’s Verastem (VSTM) RSU vesting?
Vesting of the RSUs requires that Dan Paterson continue to serve as an employee or other service provider to Verastem on each applicable vesting date, as stated in the footnote to the Form 4.
What type of security is involved in this Verastem (VSTM) Form 4 filing?
The transaction involves restricted stock units (RSUs), each representing the contingent right to receive one share of Verastem common stock, granted under the company’s Amended and Restated 2021 Equity Incentive Plan.
Is the Verastem (VSTM) CEO’s RSU grant a purchase or a cost-based acquisition?
The Form 4 shows the CEO’s RSU grant as an acquisition (Code A) of 213,785 shares of common stock at a price of $0.00 per share, reflecting an equity compensation award rather than an open-market purchase.