RSU grant boosts Zentalis (ZNTL) director Jan Skvarka's holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Skvarka Jan reported acquisition or exercise transactions in this Form 4 filing.
Zentalis Pharmaceuticals director Jan Skvarka received 57,100 restricted stock units as equity compensation. The grant was made at no cash cost and will vest on the earlier of June 16, 2027 or the next annual stockholder meeting, subject to continued board service. Following this award, Skvarka holds 264,254 shares/units of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Skvarka Jan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 57,100 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 264,254 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 57,100 units
Grant price: $0.0000 per unit
Holdings after grant: 264,254 shares/units
+1 more
4 metrics
RSUs granted
57,100 units
Restricted stock units granted to director Jan Skvarka
Grant price
$0.0000 per unit
Equity award granted at no cash cost
Holdings after grant
264,254 shares/units
Total common stock position following the transaction
Vesting date
June 16, 2027
Or earlier at the next annual stockholder meeting
Key Terms
restricted stock units, Non-Employee Director Compensation Program, contingent right to receive one share of common stock, vesting date
4 terms
restricted stock units financial
"Represents restricted stock units granted pursuant to the Issuer's Non-Employee Director Compensation Program"
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.
Non-Employee Director Compensation Program financial
"granted pursuant to the Issuer's Non-Employee Director Compensation Program"
vesting date financial
"subject to the Reporting Person's continued service ... through such vesting date"
FAQ
What did Zentalis (ZNTL) director Jan Skvarka report in this Form 4?
Jan Skvarka reported receiving 57,100 restricted stock units of Zentalis common stock as an equity award. The units were granted at no cash cost and reflect compensation under the company’s Non-Employee Director Compensation Program.
What are the vesting terms of Jan Skvarka’s 57,100 RSUs at Zentalis (ZNTL)?
The 57,100 restricted stock units will vest on the first to occur of June 16, 2027 or the next annual meeting of Zentalis stockholders, provided Skvarka continues serving on the board through the applicable vesting date.
Does Jan Skvarka pay cash for the 57,100 Zentalis (ZNTL) RSUs?
No cash payment is required for this award. The Form 4 shows a price per share of $0.0000, indicating the 57,100 restricted stock units were granted as non-cash equity compensation under the director compensation program.
What does each restricted stock unit represent for Zentalis (ZNTL) director Jan Skvarka?
Each restricted stock unit represents a contingent right to receive one share of Zentalis common stock. Actual shares will be delivered when the units vest, assuming Skvarka satisfies the continued board service requirement through the vesting date.