Reikes Peter N 4
4 · IONIS PHARMACEUTICALS INC · Filed Jul 17, 2026
Research Summary
AI-generated summary of this filing
Ionis (IONS) Director Peter Reikes Receives RSU Award
What Happened
- Peter N. Reikes, a director of Ionis Pharmaceuticals (IONS), was granted 3,399 Restricted Stock Units (RSUs) on July 15, 2026. The grant is recorded as a derivative award (code A) at $0.00 per unit — there is no immediate cash purchase or sale in this transaction.
Key Details
- Transaction date: July 15, 2026; Form filed July 17, 2026 (appears timely).
- Award: 3,399 RSUs granted; reported price $0.00 (derivative award).
- Vesting: RSUs vest in three equal annual installments, first vesting on July 15, 2027; fully vested July 15, 2029. As of the grant date, 0 shares were vested.
- Payout: Upon vesting, units will be paid in whole shares of Ionis common stock or cash at the company’s discretion (footnote).
- Shares owned after transaction: Not disclosed in this filing.
- No 10b5-1 plan, tax withholding, or sale noted in the filing.
Context
- RSUs are a common form of director compensation intended to align directors’ interests with shareholders; they are not an immediate purchase signal. Because this is a grant (not a buy or sell), it reflects compensation rather than a direct market-confidence action by the insider.
Insider Transaction Report
Form 4
Reikes Peter N
Director
Transactions
- Award
Restricted Stock Unit
[F1][F2]2026-07-15+3,399→ 3,399 totalExercise: $0.00→ Common Stock (3,399 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of Ionis common stock, or its equivalent cash value.
- [F2]Grant on July 15, 2026 to reporting person of Restricted Stock Unit Award under the Ionis Pharmaceuticals, Inc. Amended and Restated 2002 Non-Employee Directors' Stock Option Plan. Restricted Stock Units vest in three equal annual installments, the first installment vesting on July 15, 2027. Upon vesting, the restricted stock units will be paid out in whole shares of Ionis common stock or cash as may be determined by the Company. The RSU shall be fully vested on July 15, 2029. The RSU is vested as to 0 shares on July 15, 2026.
Signature
By: Patrick R. O'Neil, attorney-in-fact For: Peter N. Reikes|2026-07-17