Verastem director granted 36,000 RSUs
Rowinsky Eric K reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Rowinsky Eric K reported acquisition or exercise transactions in this Form 4 filing.
Verastem, Inc. director Eric K. Rowinsky received a grant of 36,000 restricted stock units (RSUs). The grant was made at a price of $0.00 per share under Verastem’s Amended and Restated 2021 Equity Incentive Plan, reflecting stock-based compensation rather than an open-market purchase.
Each RSU represents the right to receive one share of common stock. The RSUs vest 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 stockholders’ meeting or May 31, 2027, contingent on his continued board service. Following this award, Rowinsky directly holds 52,666 shares of Verastem common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 36,000 | $0.00 | $0.00 |
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
Key Terms
RSUs financial
Amended and Restated 2021 Equity Incentive Plan financial
vest financial
Annual Meeting of Stockholders financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Verastem (VSTM) disclose in this Form 4 for Eric K. Rowinsky?
How many Verastem RSUs were granted to director Eric K. Rowinsky?
What is the vesting schedule for Eric K. Rowinsky’s 36,000 Verastem RSUs?
Are Eric K. Rowinsky’s Verastem RSUs subject to continued board service?
Was this Verastem (VSTM) Form 4 transaction an open-market stock purchase?
AI-generated analysis. How Rhea-AI works. Not financial advice.