Solid Biosciences Inc.·4

Apr 21, 4:05 PM ET

Tan Kevin 4

4 · Solid Biosciences Inc. · Filed Apr 21, 2026

Research Summary

AI-generated summary of this filing

Updated

Solid Biosciences (SLDB) CFO Kevin Tan Receives 56,647 RSU Award

What Happened

  • Kevin Tan, CFO & Treasurer of Solid Biosciences (SLDB), was awarded 56,647 restricted stock units (RSUs) on January 29, 2026. The reported acquisition price is $0.00, indicating this is a compensation/performance award (derivative), not a purchase. The award reflects satisfaction of a performance milestone tied to a prior PSU grant; actual shares will only be issued if/when the RSUs vest.

Key Details

  • Transaction date: 2026-01-29; reported on Form 4 filed 2026-04-21 (filed more than two business days after the transaction → appears late).
  • Award type/code: A = Grant/Award (derivative RSUs); reported price $0.00.
  • Shares awarded: 56,647 RSUs (each RSU represents a contingent right to one share upon vesting).
  • Vesting/contingency: These stem from PSUs granted June 11, 2024. The Board determined the second performance milestone was met on Jan 29, 2026; related shares will vest only if the grantee remains in service on the Evaluation Date, anticipated in Q1 2027. Performance criteria are non-market, non-financial.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Filing timeliness: Form 4 was filed April 21, 2026 — more than two business days after the reported transaction date (i.e., late reporting).

Context

  • This is a performance-based compensation award (not an open-market buy or sale). No cash was exchanged and no shares were immediately issued — the RSUs are contingent and subject to future vesting conditions (including continued service). Such awards are common for executives and do not by themselves indicate a buy or sell signal.

Insider Transaction Report

Form 4
Period: 2026-01-29
Tan Kevin
CFO & Treasurer
Transactions
  • Award

    Restricted Stock Units

    [F1][F2]
    2026-01-29+56,64756,647 total
    Common Stock (56,647 underlying)
Footnotes (2)
  • [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock (the "RSUs").
  • [F2]Performance stock units ("PSUs") were granted on June 11, 2024, and provide for the vesting of 25% of the target number of underlying RSUs granted upon the achievement of each of four independent performance milestones predetermined by the Board ("Performance Milestones"). The Performance Milestones are tied to the achievement of certain business objectives, as certified by the Board on specified evaluation dates, and are non-market and non-financial in nature. The performance criteria specified for the second Performance Milestone was determined by the Board to be met on January 29, 2026, and the shares related to such Performance Milestone will vest subject to the grantee's continued service with the Company on the Evaluation Date, which is anticipated to occur in the first quarter of 2027.
Signature
/s/ Kimberly Cornwell as attorney-in-fact for Kevin Tan|2026-04-21

Documents

1 file
  • 4
    ownership.xmlPrimary

    4