SCHIMMEL PAUL 4
4 · aTYR PHARMA INC · Filed May 13, 2026
Research Summary
AI-generated summary of this filing
aTYR PHARMA (ATYR) Director Paul Schimmel Receives Award
What Happened Paul Schimmel, a director of aTyr Pharma, received a 50,000-share derivative award on May 11, 2026. The grant is recorded at $0.00 per share (no immediate cash exchanged) and is reported as a derivative/award rather than a purchase or sale.
Key Details
- Transaction date: 2026-05-11; Form 4 filed: 2026-05-13 (timely within the SEC 2-business-day window).
- Transaction type/code: Grant/Award (A) — derivative award (option).
- Shares/units granted: 50,000; reported price: $0.00; reported total value: $0.
- Vesting: The option vests in full on the earlier of (i) May 11, 2027 or (ii) the issuer’s 2027 Annual Meeting of Stockholders, subject to continued board service (per filing footnote).
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context This is a non-employee director compensation award (an option-style grant) rather than a market purchase or sale. The grant itself does not represent immediate proceeds — future value depends on the stock price at exercise and fulfillment of the vesting condition. No exercise or sale occurred in this filing.
Insider Transaction Report
Form 4
aTYR PHARMA INCATYR
SCHIMMEL PAUL
Director
Transactions
- Award
Stock Option (right to buy)
[F1]2026-05-11+50,000→ 50,000 totalExercise: $0.95Exp: 2036-05-11→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]The option, granted pursuant to the Issuer's non-employee director compensation policy, vests in full on the earlier of (i) May 11, 2027 or (ii) the Issuer's 2027 Annual Meeting of Stockholders, subject to the Reporting Person's continued service on the Board of Directors.
Signature
/s/ Nancy E. Denyes, as Attorney-in-Fact|2026-05-13