Zung Jonathan B. 4
Research Summary
AI-generated summary
Curis (CRIS) CDO Jonathan B. Zung Receives Equity Award
What Happened
Jonathan B. Zung, Chief Development Officer of Curis, received an equity award (reported as a derivative grant) for 48,285 shares on July 7, 2026. The grant is reported at a per-share price of $5.29, for a reported total value of $255,428. This was an award/grant (not an open-market purchase or sale).
Key Details
- Transaction date: July 7, 2026; Form 4 filed July 9, 2026 (filed within the required Form 4 window).
- Transaction type/code: Award/Grant (derivative) — reported as "A".
- Shares/count: 48,285 shares; reported grant price $5.29; reported value $255,428.
- Shares owned after transaction: Not specified in this filing.
- Footnote: Grant vests 25% on July 7, 2027, then an additional 6.25% of the original shares each quarter thereafter until July 7, 2030.
- Exhibit: Power of Attorney (24.1) included.
Context
This filing documents a time‑based equity award (vesting over three years) rather than an immediate purchase or sale. Such grants are common as compensation and do not indicate an immediate buy/sell market action. The vesting schedule means shares will become owned over time if employment conditions are met.