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Corvex, Inc.·4

Jul 2, 9:56 PM ET

Cullinan Brian 4

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Corvex (MOVE) Director Brian Cullinan Receives Award of 50,000 RSUs

What Happened
Brian Cullinan, a director of Corvex, Inc. (MOVE), was granted 50,000 restricted stock units (RSUs) on July 1, 2026. The award was reported on a Form 4 filed July 2, 2026 (Accession 0001193125-26-295225). The grant price is listed as $0.00 (no cash paid at grant); the reported acquisition value is $0.

Key Details

  • Transaction date: 2026-07-01; Form 4 filed: 2026-07-02. Transaction code: A (award/grant).
  • Amount: 50,000 RSUs; reported acquisition price: $0.00 (no cash exchanged).
  • Shares owned after transaction: Not specified in the filing.
  • Footnote: The award represents time-based RSUs that vest in three equal annual installments from the grant date (per footnote F1).
  • Filing timeliness: Reported the next day; no late filing indicated in the document.

Context
This was a standard equity grant to an insider, not a purchase or sale. Time-based RSUs typically vest over time and align the director’s interests with shareholders; they do not represent immediate cash value until vested (and possibly settled). No additional details (e.g., tax withholding, 10b5-1 plan, or immediate sale) were disclosed.