Garner Ebun 4

What Happened

• Garner Ebun, General Counsel and Corporate Secretary of Erasca, was granted a derivative award on 2026-01-29 covering the right to acquire 560,000 shares. The filing reports an acquisition-type grant (derivative security) with a reported price of $0.00; no cash value or exercise price is provided in the excerpt.
• This is an award/compensation grant (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-01-29; Form filed: 2026-01-30 (filed one day after the grant; appears timely).
• Security: derivative award to acquire 560,000 shares (reported price $0.00).
• Vesting: footnote states 1/48th of the shares subject to the option vest monthly on the 29th (or last day of Feb) starting Feb 2026, subject to continuous service.
• Shares owned after the transaction: not specified in the filing excerpt provided.
• No indication in the excerpt of a 10b5-1 plan, tax withholding, cashless exercise, or immediate sale.

Context

• This is a compensation-related option grant that vests over four years (monthly). Such awards are common for executives and reflect future potential ownership contingent on continued service and any exercise terms.
• Because the grant is derivative (an option), it does not represent an immediate purchase of common stock and will only affect share count/ownership if and when options vest and are exercised.