Zentalis Pharmaceuticals Boosts Director Compensation with Major Stock Grant
Rhea-AI Filing Summary
Zentalis Pharmaceuticals (ZNTL) Director Jan Skvarka received a grant of 57,603 restricted stock units (RSUs) on June 17, 2025, as part of the company's Non-Employee Director Compensation Program. Following this transaction, Skvarka now beneficially owns 207,154 shares directly.
Key details of the RSU grant:
- Each RSU represents a contingent right to receive one share of common stock
- Vesting occurs at the earlier of June 17, 2026 or the next annual stockholder meeting
- Vesting is contingent on continued service on the Board of Directors
- The RSUs were granted at $0 exercise price
This Form 4 filing was submitted by Andrea Paul as attorney-in-fact for Jan Skvarka on June 18, 2025, in compliance with SEC insider trading reporting requirements.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 57,603 shares
Net Buy
1 txn
Insider
Skvarka Jan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 57,603 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 207,154 shares (Direct)
Footnotes (1)
- F1. Represents restricted stock units granted pursuant to the Issuer's Non-Employee Director Compensation Program, each of which represents a contingent right to receive one share of common stock, and which will vest on the first to occur of (a) June 17, 2026 or (b) the next occurring annual meeting of the Issuer's stockholders, subject to the Reporting Person's continued service on the Issuer's Board of Directors through such vesting date.
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FAQ
What is the vesting schedule for ZNTL director Jan Skvarka's latest RSU grant?
The RSUs will vest on the earlier of: (a) June 17, 2026, or (b) the next annual meeting of Zentalis Pharmaceuticals' stockholders, subject to Skvarka's continued service on the Board of Directors through the vesting date.
What is Jan Skvarka's role at ZNTL according to the Form 4?
According to the Form 4 filing, Jan Skvarka serves as a Director on Zentalis Pharmaceuticals' Board of Directors, as indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.