Director at Verastem (VSTM) receives 36,000 RSUs as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tollefson Karin Anna reported acquisition or exercise transactions in this Form 4 filing.
Verastem, Inc. director Karin Anna Tollefson received a grant of 36,000 restricted stock units (RSUs) of Common Stock. The RSUs were awarded under Verastem’s Amended and Restated 2021 Equity Incentive Plan and require her continued service as a director to vest.
The RSUs vest in 12 substantially equal monthly installments, with the first 11 vesting on the last day of each month from June 2026 through April 2027. The final installment vests on the earlier of the day before Verastem’s 2027 Annual Meeting of Stockholders or May 31, 2027. After this grant, Tollefson directly holds 52,666 shares of Verastem Common Stock, including the granted RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tollefson Karin Anna
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 36,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 52,666 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 36,000 RSUs
Shares held after grant: 52,666 shares
Vesting installments: 12 installments
+1 more
4 metrics
RSUs granted
36,000 RSUs
Director equity award of Common Stock RSUs
Shares held after grant
52,666 shares
Total Verastem Common Stock directly held after RSU award
Vesting installments
12 installments
RSUs vest in twelve substantially equal installments
Monthly vesting window
June 2026–April 2027
First 11 RSU installments vest at month-end over this period
Key Terms
Restricted Stock Unit (RSU), Amended and Restated 2021 Equity Incentive Plan, Annual Meeting of Stockholders
3 terms
Restricted Stock Unit (RSU) financial
"Each RSU represents the contingent right to receive one share of Common Stock."
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
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"