Williams Charles O 4

What Happened
Charles O. Williams, Chief Operating Officer of Surrozen, Inc. (SRZN), received two equity awards on February 17, 2026: an option-style derivative award for 102,900 shares and 102,900 restricted stock units (RSUs). Both awards show an acquisition price of $0.00 on the Form 4 (i.e., they were granted, not purchased) for a combined total of 205,800 award shares. These are grants, not open-market purchases or sales, and do not reflect an immediate cash transaction or sale of shares.

Key Details

• Transaction date: February 17, 2026; Form 4 filed February 18, 2026 (filed next business day).
• Awards: 102,900-share option award (derivative) and 102,900 RSUs; acquisition price reported as $0.00.
• Vesting for the option award (F1): vests over four years in 48 equal monthly installments beginning February 1, 2026, subject to continued service.
• RSU details (F2, F3): each RSU equals a contingent right to one share; RSUs vest in four equal annual installments starting February 1, 2026, subject to continued service.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• No 10b5-1 plan, tax-withholding, or late-filing flag indicated in the provided details.

Context
RSUs are rights to receive shares upon vesting, and option/derivative awards typically give the holder a right to buy (or be settled in) shares later; neither grant represents an immediate purchase or sale of stock. Because vesting is tied to continued service, these awards are compensation-driven and do not by themselves indicate near-term insider buying or selling.