Xeris Biopharma (XERS) CLO Beth Hecht reports grants, tax withholdings and share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Xeris Biopharma Holdings’ Chief Legal Officer and Corporate Secretary Beth Hecht reported multiple equity transactions in XERS stock. On January 30, 2026, she received 121,293 shares of common stock via restricted stock units and a grant of 162,162 stock options under the company’s 2018 Stock Option and Incentive Plan, both vesting in equal annual installments over three years.
On January 31, 2026, a total of shares were withheld at $7.36 per share to cover taxes on vested restricted stock units. On February 2, 2026, she sold 16,667 shares of common stock at a weighted average price of $7.4487 per share pursuant to a pre-arranged Rule 10b5-1 trading plan, leaving her with 1,243,174 shares of directly owned common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 16,667 shares ($124,147)
Net Sell
6 txns
Insider
Hecht Beth
Role
See Remarks
Sold
16,667 shs ($124K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 16,667 | $7.4487 | $124K |
| Tax Withholding | Common Stock | 98,375 | $7.36 | $724K |
| Tax Withholding | Common Stock | 46,914 | $7.36 | $345K |
| Tax Withholding | Common Stock | 24,266 | $7.36 | $179K |
| Grant/Award | Stock Option (Right to Buy) | 162,162 | $0.00 | -- |
| Grant/Award | Common Stock | 121,293 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,243,174 shares (Direct);
Stock Option (Right to Buy) — 162,162 shares (Direct)
Footnotes (1)
- These shares were acquired pursuant to a restricted stock unit grant under the Company's 2018 Stock Option and Incentive Plan (the "Plan"). Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. These shares shall vest in equal annual installments over three years, subject to continued employment through such vesting date. Represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the net settlement of restricted stock units vested as of January 31, 2026. The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.250 to $7.590, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range. These stock options were acquired pursuant to a grant under the Plan. These stock options shall vest in equal annual installments over three years, subject to continued service through such vesting date.
FAQ
What insider transactions did Beth Hecht report in Xeris Biopharma (XERS)?
Beth Hecht reported receiving restricted stock units and stock options, tax-related share withholdings, and an open-market sale. The filing details grants on January 30, 2026, tax withholding transactions on January 31, 2026, and a Rule 10b5-1 plan sale of 16,667 XERS shares on February 2, 2026.
What equity awards did Beth Hecht receive from Xeris Biopharma (XERS)?
On January 30, 2026, Beth Hecht received 121,293 shares via restricted stock units and 162,162 stock options. Both awards were granted under Xeris Biopharma’s 2018 Stock Option and Incentive Plan and are scheduled to vest in equal annual installments over three years, subject to continued service.
What are the vesting terms of Beth Hecht’s Xeris Biopharma (XERS) RSUs and options?
Both the restricted stock units and the stock options vest in equal annual installments over three years. Vesting is conditioned on Beth Hecht’s continued employment or service with Xeris Biopharma through each applicable vesting date, as specified under the company’s 2018 equity plan.