Verastem (VSTM) director gets 36,000 RSU award vesting through 2027
Rhea-AI Filing Summary
JOHNSON JOHN reported acquisition or exercise transactions in this Form 4 filing.
Verastem, Inc. director John Johnson reported receiving a grant of 36,000 restricted stock units (RSUs) of Common Stock at no cash cost as equity compensation. Following this award, he holds 52,666 shares directly.
The RSUs were granted under Verastem's Amended and Restated 2021 Equity Incentive Plan. They vest in twelve substantially equal monthly installments from the end of June 2026 through April 2027, with the final installment vesting before the 2027 Annual Meeting of Stockholders or by May 31, 2027, as long as he continues serving as a director on each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 36,000 shares
Net Buy
1 txn
Insider
JOHNSON JOHN
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 RSUs
Transaction price per share: $0.00 per share
Shares held after grant: 52,666 shares
+3 more
6 metrics
RSU grant size
36,000 RSUs
Restricted stock units granted to director on May 21, 2026
Transaction price per share
$0.00 per share
Indicates stock-based compensation, not open-market purchase
Shares held after grant
52,666 shares
Total Common Stock directly owned following RSU award
Vesting start
June 2026
First of eleven monthly vesting installments
Final vesting deadline
May 31, 2027
Latest date for final installment, tied to 2027 Annual Meeting
Number of vesting installments
12 installments
Eleven monthly installments plus a final installment in 2027
Key Terms
RSUs, Amended and Restated 2021 Equity Incentive Plan, contingent right to receive one share of Common Stock, 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."
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 insider transaction did Verastem (VSTM) director John Johnson report?
John Johnson reported receiving a grant of 36,000 restricted stock units of Verastem Common Stock as equity compensation. The award was reported at a price of $0.00 per share, indicating it is a stock-based grant rather than an open-market purchase.
How do John Johnson’s Verastem (VSTM) RSUs vest over time?
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, with the final portion vesting before the 2027 Annual Meeting or by May 31, 2027, contingent on continued board service.
Under which plan were the Verastem (VSTM) RSUs granted to John Johnson?
The RSUs were granted under Verastem’s Amended and Restated 2021 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of Common Stock, aligning director compensation with shareholder interests through equity awards that vest over time.
Does John Johnson pay cash for the Verastem (VSTM) RSU grant reported?
The Form 4 lists the transaction price per share as $0.00, indicating John Johnson does not pay cash for these RSUs. They are a stock-based compensation award, which converts into Verastem Common Stock as the units vest according to the disclosed schedule.