Kapur Anil 4
Research Summary
AI-generated summary
Verastem (VSTM) Director Anil Kapur Receives 36,000 RSUs
What Happened Anil Kapur, a director of Verastem, Inc. (VSTM), received a grant of 36,000 restricted stock units (RSUs) on May 21, 2026. The award is reported as an "A" (award/grant) transaction at $0.00 per share (no cash paid at grant). RSUs represent the contingent right to receive one share of common stock upon vesting.
Key Details
- Transaction date: 2026-05-21; filing date (Form 4): 2026-05-26 (appears filed 5 days after the transaction).
- Award: 36,000 RSUs granted under Verastem’s Amended and Restated 2021 Equity Incentive Plan; transaction code A.
- Price: $0.00 per RSU at grant (i.e., no cash outlay reported).
- Vesting: 12 substantially equal monthly installments — first 11 installments vest on the last day of each month from June 2026 through April 2027; final installment vests on the earlier of the day before the 2027 Annual Meeting or May 31, 2027 — vesting contingent on continued service as a director.
- Shares owned after transaction: not disclosed in the provided excerpt.
- Filing timeliness: Form 4 filed May 26 for a May 21 grant; this is later than the standard two-business-day filing window for Form 4s.
Context RSU grants are compensatory awards that convert to actual shares only as they vest; they are not immediate open‑market purchases or sales and therefore do not necessarily indicate near‑term trading intent. For retail investors, such grants are common for directors as part of regular compensation and alignment with shareholders; they become more relevant when and if the RSUs vest and shares are delivered or sold.