Crombez Eric 4
Research Summary
AI-generated summary
Ultragenyx (RARE) EVP/CMO Eric Crombez Receives RSU Award
What Happened
Eric Crombez, Executive Vice President and Chief Medical Officer of Ultragenyx Pharmaceutical (RARE), received equity awards on April 16, 2026. The filing reports two awards totaling 94,626 shares: 34,674 shares acquired as an award and 59,952 shares reported as a derivative award (both at $0.00 acquisition price). These are restricted stock unit (RSU) grants (compensation awards), not open-market purchases or sales.
Key Details
- Transaction date: 2026-04-16; Form 4 filed 2026-04-20 (filed timely).
- Awards: 34,674 RSUs (A) and 59,952 RSUs (derivative A), total 94,626 RSUs; acquisition price reported $0.00.
- Vesting: RSUs vest 1/4 on each anniversary of the grant and fully vest on the fourth anniversary (see footnote F1).
- Shares owned after transaction: not specified in this Form 4; filing notes inclusion of previously reported RSUs (footnote F2).
- Footnotes: F1 describes the 4-year annual RSU vesting; F2 notes inclusion of previously reported RSU shares; F3 describes a standard option vesting schedule (appears to be boilerplate and not the subject of the current RSU awards).
- Filing timeliness: Report appears timely (filed within required SEC window).
Context
These awards are standard equity compensation used to retain executives; they are not purchases or sales and do not represent an immediate cash investment or divestiture. The derivative designation indicates the awards are stock-settled units that will convert into common shares as they vest.