French Lisa 4
Research Summary
AI-generated summary
Keenova EVP Lisa French Receives 51,794 RSU Award
What Happened
- Lisa French, EVP & Chief Commercial Officer of Keenova Therapeutics plc, received a grant of 51,794 restricted stock units (RSUs) on 2026-02-25. The RSUs are recorded as a derivative award at $0.00 per share (no cash paid at grant); they will settle one ordinary share per RSU upon vesting.
Key Details
- Transaction date: 2026-02-25; Form 4 filed: 2026-02-26 (period of report: 2026-02-25).
- Award: 51,794 RSUs; acquisition price reported $0.00 (derivative award).
- Vesting: RSUs will vest ratably on each of the first three anniversaries beginning Feb 25, 2027 (per filing footnote).
- Settlement: Each RSU converts to one ordinary share upon vesting (per filing footnote).
- Shares owned after transaction: Not reported on this Form 4.
- No indication of a 10b5-1 plan, tax withholding, or late filing noted in the filing remarks.
Context
- This is a standard equity compensation grant (award of RSUs) commonly used to align executive incentives with shareholder value; it is not an open-market purchase or sale. The award has no immediate cash value until vested and settled, and its eventual worth will depend on Keenova’s share price at vesting.