Schneider Paul R 4
4 · Zymeworks Inc. · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
Zymeworks (ZYME) EVP Paul Schneider Receives Awards
What Happened
- Paul R. Schneider, EVP and General Counsel of Zymeworks (ZYME), received two compensation awards on May 13, 2026 totaling 297,000 derivative units: 178,000 and 119,000. Both grants are reported at $0.00, indicating no cash purchase at grant; the filing classifies these as derivative awards (code A).
Key Details
- Transaction date: 2026-05-13; Form filed: 2026-05-15 (timely).
- Award amounts: 178,000 and 119,000 derivative units (total 297,000).
- Reported price: $0.00 for each grant (typical for compensation awards/RSUs).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes:
- F1: A stock option tranche vests 25% on the first anniversary of the grant, then monthly over the following 36 months.
- F2: Each RSU represents the contingent right to receive one share of common stock upon vesting.
- F3: RSUs vest in four equal annual installments beginning on the first anniversary of the grant date.
- Transaction code: A (award/grant). No 10b5-1, tax-withholding, or late-filing flags indicated in the excerpt.
Context
- These are compensation awards (options and RSUs) that vest over time; they do not represent an immediate open-market purchase or sale and therefore are not a direct market signal of the insider buying or selling stock.
- RSUs convert to one share per unit when they vest; the option vesting schedule means underlying shares become available gradually if and when vesting conditions are met.
Insider Transaction Report
Form 4
Zymeworks Inc.ZYME
Schneider Paul R
EVP, General Counsel
Transactions
- Award
Stock Option (Right to Buy)
[F1]2026-05-13+178,000→ 178,000 totalExercise: $24.57Exp: 2036-05-12→ Common Stock (178,000 underlying) - Award
Restricted Stock Unit
[F2][F3]2026-05-13+119,000→ 119,000 total→ Common Stock (119,000 underlying)
Footnotes (3)
- [F1]Stock options vest as follows: (i) 25% of underlying shares of common stock on first anniversary of grant date and (ii) remainder of underlying shares of common stock in 36 equal monthly installments on last day of month following first anniversary of grant date.
- [F2]Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
- [F3]RSUs vest in four equal annual installments beginning on first anniversary of grant date.
Signature
/s/ Catherine Graham, Attorney-in-Fact|2026-05-15