Kirby Daniel Gordon 4
4 · IOVANCE BIOTHERAPEUTICS, INC. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Iovance (IOVA) CCO Daniel Gordon Receives 132,200 RSU Award
What Happened
Daniel Gordon, Chief Commercial Officer of Iovance Biotherapeutics (IOVA), received an award of 132,200 restricted stock units (RSUs) on March 9, 2026. The grant is reported as a derivative award at $0.00 per unit (no cash paid at grant). Each RSU is a contingent right to one share of common stock that will convert into shares if and when the units vest.
Key Details
- Transaction date: 2026-03-09; filing date: 2026-03-11.
- Award: 132,200 RSUs granted, reported at $0.00 per unit (derivative award).
- Vesting: RSUs vest over three years — one-third on the one-year anniversary, then the remaining two-thirds in eight equal quarterly installments over the following two years, subject to continued employment.
- Shares owned after transaction: not disclosed in the Form 4 provided.
- No tax withholding, sale, or exercise reported in this filing; this is a compensation grant (code A).
Context
RSU grants are common executive compensation and do not involve an immediate market purchase or sale; they become actual shares only as they vest. Such awards are typically retention/compensation-related and do not, by themselves, indicate insider buying or selling sentiment.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-03-09+132,200→ 132,200 total→ Common Stock (132,200 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F2]Provided the Reporting Person is still employed with the Issuer on the following dates, the RSUs shall vest over three years, with (i) one-third of the RSUs vesting on the one-year anniversary of the date of grant and (ii) the remaining RSUs shall vest in eight equal quarterly installments over the next two years, commencing with the first quarter following the first anniversary of the date of grant.