Brudnick Richard 4

What Happened Richard Brudnick, a member of Scholar Rock's board of directors, was granted awards on June 4, 2026: 6,839 restricted stock units (RSUs) and 4,310 derivative awards (totaling 11,149 units). Both grants were reported as awards (transaction code A) with $0.00 paid per share/unit — i.e., these were compensation awards, not purchases. The Form 4 was filed on June 8, 2026.

Key Details

• Transaction date: 2026-06-04; Form 4 filed: 2026-06-08 (timely filing).
• Awards: 6,839 RSUs @ $0.00 and 4,310 derivative awards @ $0.00 (total 11,149 units).
• Reported beneficial ownership after the transaction (per filing footnote F2): 15,057 shares of common stock and 6,839 RSUs.
• Footnote F1 (RSU vesting): RSUs vest on the earlier of June 15, 2027 or the Issuer's next Annual Meeting, subject to continued service.
• Footnote F3 (derivative/option vesting): The derivative awards include options that vest on the earlier of the first anniversary of grant or the Issuer's next Annual Meeting, subject to continued service.
• No cash exchanged and no sales; these are compensatory awards to a director.

Context

• Awards (A) are common for directors as part of standard compensation; they do not represent a market purchase or sale.
• RSUs convert to common shares upon vesting; derivative awards noted here appear subject to an option-style vesting schedule per the filing footnotes.
• These grants increase potential future share dilution if/when they vest and convert to common stock.