Thrasher Brian Patrick 4
4 · Terrestrial Energy Inc. /DE/ · Filed Apr 14, 2026
Research Summary
AI-generated summary of this filing
Terrestrial Energy (IMSR) CFO Brian Thrasher Receives Equity Awards
What Happened
- Brian Patrick Thrasher, Chief Financial Officer of Terrestrial Energy Inc. (IMSR), received equity awards on 2026-04-12: 49,917 restricted stock units (RSUs) and 58,236 stock options. Both grants are reported as awards (transaction code A) at $0.00 (i.e., awards were granted, not bought).
- These are derivative awards (contingent rights/options) rather than open-market purchases or sales. No grant-date fair value or option strike price is provided in the supplied details.
Key Details
- Transaction date: 2026-04-12; Form 4 filed 2026-04-14 (filed within the typical 2-business-day window).
- Awards: 49,917 RSUs and 58,236 stock options; both reported as acquisitions (grants) at $0.00.
- Shares owned after the transaction: not specified in the provided information.
- Footnotes: F1 notes each RSU converts to one share upon vesting. F2 states RSUs were granted under the Terrestrial Energy Inc. 2025 Equity Incentive Plan and vest in one-third increments on each of the first three anniversaries of the grant date, subject to continued service. F3 indicates the options are also under the 2025 Plan and vest similarly.
- No indication of a 10b5-1 plan, tax withholding sale, cashless exercise, or other special handling in the provided data.
Context
- RSUs represent a contingent right to receive common stock on vesting; the RSUs will convert to shares only as they vest. Stock options give the holder the right to buy shares at a specified strike price (strike not disclosed here) and typically require exercise to become shares.
- Awards like these are routine executive compensation and do not by themselves indicate immediate buying or selling sentiment.
Insider Transaction Report
Form 4
Thrasher Brian Patrick
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
[F1][F2]2026-04-12+49,917→ 49,917 total→ Common Stock (49,917 underlying) - Award
Stock Option (Right to Buy)
[F3]2026-04-12+58,236→ 58,236 totalExercise: $6.34From: 2027-04-12Exp: 2036-04-12→ Common Stock (58,236 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to acquire one share of Common Stock.
- [F2]Consists of restricted stock units granted pursuant to the Terrestrial Energy Inc. 2025 Equity Incentive Plan. The restricted stock units vest in one-third increments on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued service through each applicable vesting date.
- [F3]Consists of options granted pursuant to the Terrestrial Energy Inc. 2025 Equity Incentive Plan. The options vest in one-third increments on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued service through each applicable vesting date.
Signature
/s/ Steven M. Millsap, Attorney-in-Fact|2026-04-14