Vaxart, Inc. (VXRT) grants director RSUs and stock options
Rhea-AI Filing Summary
Vaxart, Inc. director Elaine J Heron reported equity compensation awards dated July 16, 2026. She acquired 39,400 shares of Common Stock in connection with restricted stock units, bringing her direct common share holdings to 135,966. She was also granted 78,700 Stock Options to buy Common Stock at an exercise price of $0.5149 per share, expiring on July 16, 2036. Footnotes state that both the restricted stock unit award and the option award vest on the earlier of the date immediately prior to Vaxart’s 2027 annual meeting of stockholders and July 16, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
HERON ELAINE J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (right to buy) | 78,700 | $0.00 | -- |
| Grant/Award | Common Stock | 39,400 | $0.00 | -- |
Holdings After Transaction:
Stock Options (right to buy) — 78,700 shares (Direct);
Common Stock — 135,966 shares (Direct)
Footnotes (1)
- Grant of shares upon vesting of restricted stock units. The shares underlying the award shall vest on the earlier of the date immediately prior of the 2027 annual meeting of stockholders of the Issuer and July 16, 2027, the first anniversary date of the grant. The shares subject to this option shall vest on the earlier of the date immediately prior of the 2027 annual meeting of stockholders of the Issuer and July 16, 2027, the first anniversary of the date of the grant.
Key Figures
Restricted stock unit shares: 39,400 shares
Common shares held after award: 135,966 shares
Stock options granted: 78,700 options
+3 more
6 metrics
Restricted stock unit shares
39,400 shares
Shares of Common Stock acquired in connection with restricted stock units on July 16, 2026
Common shares held after award
135,966 shares
Direct Vaxart Common Stock holdings following the July 16, 2026 transaction
Stock options granted
78,700 options
Options to buy Vaxart Common Stock granted on July 16, 2026
Option exercise price
$0.5149 per share
Per-share exercise price of the newly granted stock options
Option expiration date
July 16, 2036
Expiration of the 78,700 stock options granted to the director
Vesting deadline
July 16, 2027
Latest vesting date, or earlier date immediately prior to 2027 annual meeting
Key Terms
restricted stock units, Stock Options (right to buy), vest, annual meeting of stockholders
4 terms
restricted stock units financial
"Grant of shares upon vesting of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Stock Options (right to buy) financial
"Stock Options (right to buy) with an exercise price of $0.5149."
vest financial
"The shares underlying the award shall vest on the earlier of the date immediately prior..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of stockholders financial
"The shares underlying the award shall vest on the earlier of the date immediately prior of the 2027 annual meeting of stockholders..."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did Vaxart (VXRT) director Elaine J Heron receive on July 16, 2026?
Elaine J Heron received 39,400 shares of Vaxart Common Stock and 78,700 stock options on July 16, 2026. These represent director equity compensation awards rather than open-market purchases or sales.
What is the exercise price and expiration date of the new VXRT stock options?
The newly granted Vaxart options have an exercise price of $0.5149 per share and expire on July 16, 2036. They cover 78,700 shares of Common Stock held directly by director Elaine J Heron.
When do Elaine J Heron’s new Vaxart (VXRT) equity awards vest?
Both the restricted stock unit award and the stock option grant are scheduled to vest on the earlier of the date immediately prior to Vaxart’s 2027 annual meeting of stockholders and July 16, 2027, according to the footnotes.
Was the July 16, 2026 VXRT insider transaction a market trade or a compensation grant?
The July 16, 2026 transactions are compensation-related grants, not open-market trades. They are reported under transaction code “A” for grant, award, or other acquisition of 39,400 shares and 78,700 stock options.
Does the Form 4 for Vaxart (VXRT) mention a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and the footnotes describe these as equity awards. There is no indication that the transactions occurred under a pre-arranged trading plan.