Verastem (VSTM) awards 200,000 stock options to development chief
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Verastem, Inc. reported an insider equity award for Michael Kauffman, who serves as both a director and President of Development. On January 6, 2026, he received a stock option covering 200,000 shares of Verastem common stock with an exercise price of $6.88 per share, held directly.
The option vests over three years: 33.33% of the shares vest on the first anniversary of the January 6, 2026 grant date, and an additional 8.33% vest at the end of each three‑month period thereafter until the third anniversary. Vesting requires that Kauffman continue to serve as an employee or other service provider to Verastem on each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kauffman Michael
Role
President of Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 200,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 200,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Verastem (VSTM) report in this Form 4?
Verastem reported a stock option grant to Michael Kauffman200,000 shares of common stock.
Who is the reporting person in Verastem (VSTM)'s latest Form 4 filing?
The reporting person is Michael Kauffman, who is both a director and President of Development at Verastem, Inc.
How many Verastem (VSTM) stock options were granted and at what exercise price?
A stock option for 200,000 shares of Verastem common stock was granted, with an exercise price of $6.88 per share.
When do Michael Kauffman’s Verastem (VSTM) stock options vest?
The option vests 33.33% on the first anniversary of January 6, 2026, then 8.33% at the end of each successive three‑month period until the third anniversary of that date.
What service condition applies to the Verastem (VSTM) stock option grant?
Each vesting installment requires that Michael Kauffman continue to serve as an employee or other service provider to Verastem on the applicable vesting date.
Is the Verastem (VSTM) stock option grant held directly or indirectly?
The Form 4 shows the 200,000-share stock option as held directly by Michael Kauffman.
Did this Verastem (VSTM) Form 4 report any sale of common stock?
No sale of common stock was reported; the Form 4 discloses a stock option grant for 200,000 underlying shares.