Chilukuri Sastry 4
Research Summary
AI-generated summary
Definitive Healthcare (DH) Director Chilukuri Sastry Receives Award
What Happened
- Chilukuri Sastry, a director of Definitive Healthcare Corp. (DH), was granted 189,190 restricted stock units (RSUs) on 2026-06-04. The Form 4 reports the acquisition price as $0.00 (an equity award, not a cash purchase), so the reported acquisition value is $0. These RSUs are a contingent right to receive one share of Class A common stock per unit upon vesting.
Key Details
- Transaction date: 2026-06-04; Form 4 filed: 2026-06-08.
- Transaction type/code: Award/Grant (A); reported acquisition price $0.00; reported total value $0.
- Grant size: 189,190 RSUs (each converts to one share upon vesting).
- Vesting: RSUs vest on the earlier of June 4, 2027 or the date of the issuer’s next annual meeting, subject to continued service (per filing footnote).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Timeliness: Filing date is 2026-06-08 for a 2026-06-04 grant; no late-filing flag is indicated in the provided record.
Context
- This was a grant of RSUs (an award), not an open-market purchase or sale. Awards are common for directors and employees and represent future share rights subject to vesting and service conditions; they do not necessarily indicate immediate buying or selling sentiment. The $0 acquisition price reflects that these units were granted (not purchased) and will convert to shares only if vesting conditions are met.