Zentalis Director Receives 57,603 Share Grant in Latest Insider Transaction
Zentalis Pharmaceuticals (ZNTL) Director Luke Nathaniel Walker 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.
Rhea-AI Filing Summary
Zentalis Pharmaceuticals (ZNTL) Director Luke Nathaniel Walker 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, Walker's direct ownership increased to 144,284 shares.
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 cost to the director
The transaction was reported via Form 4 filing and was executed through an attorney-in-fact, Andrea Paul, on June 18, 2025. This equity grant aligns with standard director compensation practices and serves to strengthen the alignment between director and shareholder interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 57,603 | $0.00 | $0.00 |
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is the vesting schedule for ZNTL Director Luke Walker's new RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.