Verastem (VSTM) director Michelle Robertson awarded 36,000 RSUs
Rhea-AI Filing Summary
ROBERTSON MICHELLE reported acquisition or exercise transactions in this Form 4 filing.
Verastem, Inc. director Michelle Robertson received a grant of 36,000 restricted stock units (RSUs) of Common Stock as equity compensation. The award was granted at no cash cost per share and is structured to vest over time rather than all at once.
The RSUs were granted under Verastem's Amended and Restated 2021 Equity Incentive Plan, with each RSU representing the right to receive one share of Common Stock. The units 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 Meeting of Stockholders or May 31, 2027, subject to her continued board service. After this grant, Robertson directly holds 52,666 shares of Verastem common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 36,000 shares
Net Buy
1 txn
Insider
ROBERTSON MICHELLE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 36,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 52,666 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
RSU grant size: 36,000 shares
Grant price per share: $0.00 per share
Post-grant holdings: 52,666 shares
+2 more
5 metrics
RSU grant size
36,000 shares
Restricted stock units of Common Stock granted to director
Grant price per share
$0.00 per share
Reported transaction price for RSU award
Post-grant holdings
52,666 shares
Common Stock directly owned after transaction
Vesting start
June 2026
First of eleven monthly vesting installments
Final vesting date
Earlier of day before 2027 meeting or May 31, 2027
Final RSU installment vesting condition
Key Terms
RSUs, Amended and Restated 2021 Equity Incentive Plan, contingent right, 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."
contingent right financial
"Each RSU represents the contingent right to receive one share of Common Stock."
Annual Meeting of Stockholders financial
"the day before the 2027 Annual Meeting of Stockholders is held or (ii) May 31, 2027"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Verastem (VSTM) director Michelle Robertson report on this Form 4?
Michelle Robertson reported receiving 36,000 restricted stock units (RSUs) of Verastem common stock as an equity grant. The award is compensation, not an open-market share purchase, and will convert into shares only as the RSUs vest over time.
What are the vesting terms of Michelle Robertson’s 36,000 Verastem (VSTM) RSUs?
The 36,000 RSUs vest in twelve substantially equal installments. Eleven installments vest monthly from June 2026 through April 2027, and the final portion vests the day before the 2027 Annual Meeting or on May 31, 2027, if she continues serving as a director.
Under which plan were Michelle Robertson’s Verastem (VSTM) RSUs granted?
The RSUs were granted under Verastem’s Amended and Restated 2021 Equity Incentive Plan. This plan governs equity-based compensation awards, with each RSU representing a contingent right to receive one share of Verastem common stock upon vesting.
Does Michelle Robertson pay cash for the 36,000 Verastem (VSTM) RSUs reported?
No, the RSUs were granted at a reported price of $0.00 per share as part of her director compensation. The award represents a right to receive shares over time, subject to vesting conditions and continued service on Verastem’s board.