Zymeworks grants RSUs and options to EVP

Schneider Paul R reported acquisition or exercise transactions in this Form 4 filing.

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Form Type

Rhea-AI Filing Summary

Schneider Paul R reported acquisition or exercise transactions in this Form 4 filing.

Zymeworks Inc. reported that EVP and General Counsel Paul R. Schneider received new equity compensation. On May 13, 2026, he was granted 119,000 restricted stock units, each representing one share of common stock upon vesting, and 178,000 stock options with a strike price of $24.57 per share.

The options vest 25% on the first anniversary of the grant and the remaining 75% in 36 equal monthly installments. The RSUs vest in four equal annual installments beginning on the first anniversary of the grant date. Following these awards, he holds 119,000 RSUs and 178,000 options directly.

Insider Trade Summary

Grant/Award: 297,000 shares

Grant/Award 2 txns

Insider Schneider Paul R

Role EVP, General Counsel

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (Right to Buy)	178,000	$0.00	$0.00
Grant/Award	Restricted Stock Unit	119,000	$0.00	$0.00

Holdings After Transaction: Stock Option (Right to Buy) — 178,000 contracts (Direct); Restricted Stock Unit — 119,000 contracts (Direct)

Footnotes (3)

F1. Stock options vest as follows: (i) 25% of underlying shares of common stock on first anniversary of grant date and (ii) remainder of underlying shares of common stock in 36 equal monthly installments on last day of month following first anniversary of grant date.
F2. Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
F3. RSUs vest in four equal annual installments beginning on first anniversary of grant date.

Key Figures

RSU grant: 119,000 units Stock option grant: 178,000 options Option exercise price: $24.57 per share +3 more

6 metrics

RSU grant 119,000 units Restricted stock units granted on May 13, 2026

Stock option grant 178,000 options Stock options granted on May 13, 2026

Option exercise price $24.57 per share Conversion or exercise price for stock options

Option expiration May 12, 2036 Expiration date of stock options

RSUs after grant 119,000 units Total RSUs held following transaction

Options after grant 178,000 options Total options held following transaction

Key Terms

Restricted Stock Unit, Stock Option (Right to Buy, vest, anniversary of grant date, +1 more

5 terms

Restricted Stock Unit financial

"Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting..."

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

Stock Option (Right to Buy financial

"Security title listed as "Stock Option (Right to Buy)" with an exercise price of $24.57..."

vest financial

"Stock options vest as follows: 25% on the first anniversary and the remainder in 36 monthly installments..."

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.

anniversary of grant date financial

"Stock options vest 25% on the first anniversary of grant date and RSUs begin vesting then..."

common stock financial

"Each RSU represents the right to receive one share of the Issuer's common stock upon vesting..."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity awards did ZYME executive Paul R. Schneider receive?

Paul R. Schneider received 119,000 restricted stock units and 178,000 stock options as equity compensation. Each RSU converts into one Zymeworks common share upon vesting, while the options allow purchase at a fixed exercise price of $24.57 per share.

How do Paul R. Schneider’s new ZYME stock options vest?

The 178,000 Zymeworks stock options vest 25% on the first anniversary of the grant date. The remaining 75% then vest in 36 equal monthly installments, providing a long-term, time-based vesting schedule tied to continued service with the company.

What is the vesting schedule for ZYME restricted stock units granted to Schneider?

The 119,000 restricted stock units vest in four equal annual installments starting on the first anniversary of the grant date. Each vested RSU delivers one share of Zymeworks common stock, aligning a portion of Schneider’s compensation with long-term shareholder value.

What does each ZYME restricted stock unit granted to Schneider represent?

Each restricted stock unit represents the contingent right to receive one share of Zymeworks common stock upon vesting. Schneider must satisfy the time-based vesting conditions before shares are delivered, making the award a form of deferred equity compensation.

When do Paul R. Schneider’s ZYME stock options expire?

The stock options granted to Paul R. Schneider expire on May 12, 2036. He may exercise vested options at $24.57 per share any time before this expiration date, subject to the company’s equity plan and applicable trading restrictions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 05/15/2026 - 05:00 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Schneider Paul R

(Last)

(First)

(Middle)

C/O ZYMEWORKS INC.

108 PATRIOT DRIVE, SUITE A

(Street)

MIDDLETOWN

DELAWARE

19709

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Zymeworks Inc. [ ZYME ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP, General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$24.57	05/13/2026		A		178,000		⁽¹⁾	05/12/2036	Common Stock	178,000	$0.00	178,000	D
Restricted Stock Unit	⁽²⁾	05/13/2026		A		119,000		⁽³⁾	⁽³⁾	Common Stock	119,000	$0.00	119,000	D

Explanation of Responses:

1. Stock options vest as follows: (i) 25% of underlying shares of common stock on first anniversary of grant date and (ii) remainder of underlying shares of common stock in 36 equal monthly installments on last day of month following first anniversary of grant date.

2. Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.

3. RSUs vest in four equal annual installments beginning on first anniversary of grant date.

	/s/ Catherine Graham, Attorney-in-Fact	05/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR