Reed Joshua 4

What Happened Joshua Reed, a director of Scholar Rock Holding Corp (SRRK), received equity awards on June 4, 2026: 6,839 restricted stock units (RSUs) and a separate derivative award of 4,310 units. Both grants were reported at a $0 acquisition price (typical for compensation awards), so no cash was exchanged in these filings. These are awards (not open-market purchases or sales), so they represent compensation/long-term incentive rather than an immediate market trade.

Key Details

• Transaction date: 2026-06-04; Form 4 filed: 2026-06-08 (filed within the standard two-business-day window).
• Reported price: $0.00 for both grants; reported total value: $0 (compensation awards reported without cash payment).
• Post-transaction holdings (per footnote): 15,732 shares of common stock and 6,839 RSUs.
• Vesting notes:
  • The 6,839 RSUs vest on the earlier of June 15, 2027 or the issuer’s next Annual Meeting, subject to continued service (F1).
  • The 4,310 derivative awards vest/become exercisable on the earlier of the first anniversary of grant or the next Annual Meeting, subject to continued service (F3).
• No 10b5-1 plan, sale, tax-withholding, or late-filing indicators noted in the filing.

Context

• RSUs are a contingent right to receive common shares upon vesting; they do not represent immediately tradable shares until vested and settled.
• The derivative award appears to be an option-like grant (per footnote) that becomes exercisable under the specified vesting schedule. Neither award indicates an immediate sale or cashless exercise.
• As these are compensation awards to a director, they are routine corporate equity grants and should be viewed as part of executive/director compensation rather than a direct market signal.