Tollefson Karin Anna 4
Research Summary
AI-generated summary
Verastem Director Karin Tollefson Receives 36,000 RSU Award
What Happened
- Karin Anna Tollefson, a director of Verastem, was granted 36,000 restricted stock units (RSUs) on May 21, 2026. The Form 4 reports the acquisition as an award (code A) at $0.00 (total reported value $0). Each RSU represents the contingent right to receive one share of Verastem common stock upon vesting.
Key Details
- Transaction date: 2026-05-21; Filing date: 2026-05-26 (filed timely — within two business days).
- Grant: 36,000 RSUs; Reported price: $0.00; Reported value: $0.
- Shares owned after the transaction: not disclosed in the filing.
- Footnote summary: RSUs vest in 12 substantially equal installments (rounded down). The first 11 installments vest monthly 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, provided the director remains in service.
- Transaction code: A (award/grant).
Context
- RSUs are compensation that convert to shares only upon vesting and do not represent an immediate purchase or sale of stock. This award appears to be a standard director retention/compensation grant with a relatively short, monthly vesting schedule; it should not be interpreted on its own as a signal of the director’s view of the company.