Fleury Patrick 4
4 · Corvex, Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Corvex (MOVE) Director Patrick Fleury Receives Equity Award
What Happened Patrick Fleury, a director of Corvex, Inc. (MOVE), received two equity awards on July 1, 2026: 100,000 time‑based restricted stock units (RSUs) and a 200,000‑share derivative award structured as stock options. Both grants were recorded at an acquisition price of $0.00 (no cash paid). The RSUs and options vest in three equal annual installments from the grant date (see footnotes F1 and F2).
Key Details
- Transaction date: 2026-07-01; filing date: 2026-07-02 (timely).
- Awards: 100,000 RSUs (F1) and 200,000 option/derivative shares (F2) — both reported as "Acquired" at $0.00.
- Vesting: RSUs vest in three equal annual installments (F1); options vest in three equal annual installments (F2).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Transaction code: A = Award/Grant. No indication of sale, exercise, or tax‑withholding activity in the supplied data.
Context These entries are grants (compensation), not open‑market purchases or sales. Awards granted at no cash cost are standard for director compensation and do not by themselves indicate immediate buying or selling of stock. For options, note they are not exercised here—they are simply granted and will vest over time per the stated schedule.
Insider Transaction Report
- Award
Common stock
[F1]2026-07-01+100,000→ 100,000 total - Award
Stock Options (Right to Buy)
[F2]2026-07-01+200,000→ 200,000 totalExercise: $21.06Exp: 2036-07-01→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]Represents a grant of time-based restricted stock units that vest in three equal annual installments from the grant date.
- [F2]Options will vest in three equal annual installments from the grant date.