HASTINGS DAVID C 4
4 · SCYNEXIS INC · Filed Jun 30, 2026
Research Summary
AI-generated summary of this filing
SCYNEXIS (SCYX) Director David Hastings Receives 5,750-Share Awards
What Happened
- David C. Hastings, a non-employee director of SCYNEXIS, was granted awards on June 26, 2026: 2,875 restricted stock units (RSUs) and 2,875 derivative option shares, each with an acquisition price of $0.00. Combined, the awards equal 5,750 shares (no cash paid).
- Both awards vest 100% on the first anniversary of the grant (subject to continuous service). The filing was submitted June 30, 2026.
Key Details
- Transaction date: 2026-06-26; Form 4 filed: 2026-06-30.
- Grants: 2,875 RSUs (acquired at $0.00) and 2,875 derivative option shares (acquired at $0.00).
- Vesting: Each award vests 100% on the first anniversary of grant, conditional on continued service (Footnotes F1 and F3).
- Reverse split: A 1-for-8 reverse stock split on May 29, 2026 was applied to reported amounts (Footnote F2).
- Shares owned after transaction: Not specified in this Form 4.
Context
- These are grants (award/acquisition), not open-market purchases or sales; such awards are common compensation for directors and do not necessarily signal a buy or sell opinion.
- The derivative entry refers to an option-style award that vests in one year; no immediate exercise or sale occurred.
Insider Transaction Report
Form 4
SCYNEXIS INCSCYX
HASTINGS DAVID C
Director
Transactions
- Award
Common Stock
[F1][F2]2026-06-26+2,875→ 11,522 total - Award
Stock Option (Right to Buy)
[F3]2026-06-26+2,875→ 2,875 totalExercise: $3.85Exp: 2036-06-25→ Common Stock (2,875 underlying)
Footnotes (3)
- [F1]One-hundred percent (100%) of the shares subject to the restricted stock unit vest on the first anniversary of the date of grant, provided that the non-employee director is providing continuous services on the applicable vesting date.
- [F2]On May 29, 2026, the common stock of the Issuer underwent a 1-for-8 reverse stock split (the "Reverse Stock Split"). All amounts of securities listed herein have been adjusted to reflect the effect of the Reverse Stock Split.
- [F3]One-hundred percent (100%) of the shares subject to the option vest on the first anniversary of the date of grant, provided that the non-employee director is providing continuous services on the applicable vesting date.
Signature
/s/ Robert F. Joyce Jr., by Power of Attorney|2026-06-30