STERN ADAM K 4
Research Summary
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VivoSim Labs (VIVS) Director Adam K. Stern Receives 15,000 RSUs
What Happened
- Adam K. Stern, a director of VivoSim Labs, Inc. (VIVS), was granted 15,000 restricted stock units (RSUs) on January 27, 2026. The award is reported at $0 per share (total $0 at issuance) and is recorded as an "A" (award/grant) transaction on the Form 4.
Key Details
- Transaction date and type: 2026-01-27 — Grant/Award (code A) of 15,000 RSUs at $0.00.
- Vesting: RSUs vest on the earlier of January 27, 2027 or the date of the next annual meeting of stockholders; vesting may accelerate upon a change of control (Footnote F1).
- Share counts adjusted for prior 1-for-12 reverse split effective March 20, 2025 (Footnote F2); all reported share numbers reflect that reverse split.
- Shares owned after transaction: Not specified in the filing.
- Filing timeliness: Form filed on 2026-01-29 for a 2026-01-27 transaction — timely (no late-filing flag).
- Exhibits/remarks: Exhibit 24 — Power of Attorney noted.
Context
- RSUs are a form of equity compensation that convert to shares upon vesting; this is a compensation grant rather than an open-market purchase or sale and does not, by itself, indicate a buy/sell signal.
- The award includes standard vesting and change-of-control provisions; the filing does not state whether shares will be sold at vesting or held.