JOHNSON JOHN 4

What Happened

• John Johnson, a director of Verastem, received an award of 36,000 restricted stock units (RSUs) on 2026-05-21. The Form 4 records the acquisition code "A" and a reported acquisition price of $0.00 (RSU grants are typically recorded with $0 purchase price on the Form 4).
• This was an equity award (not a market purchase or sale), so it is not an immediate bullish/bearish trading signal — the RSUs convert to shares only as they vest and subject to the issuer's conditions.

Key Details

• Transaction date: 2026-05-21; Form 4 filed: 2026-05-26 (filed five days after the transaction date; Form 4s are normally due within two business days, so this appears to be filed late by one business day).
• Grant size: 36,000 RSUs; reported acquisition price: $0.00.
• Shares owned after transaction: Not disclosed in the provided filing extract.
• Footnote (vesting): The RSUs vest in 12 substantially equal installments. The first 11 installments vest at the last day of each month from June 2026 through April 2027; the final installment vests on the earlier of the day before the 2027 Annual Meeting or May 31, 2027. Vesting is contingent on the director continuing to serve on each vesting date.

Context

• An RSU award represents a contingent right to receive shares in the future if vesting conditions are met; until vested, these units are not tradable stock. Tax withholding or share withholding at vesting is common but was not specified in this filing.
• Because this is a grant to a director (not an open-market purchase by an insider), it primarily reflects compensation/equity-plan activity rather than an immediate insider investment decision.