JONES WILLIAM A JR 4
Research Summary
AI-generated summary
Annexon Director William A. Jones Jr Receives 65,000-Share Award
What Happened
- William A. Jones Jr., a director of Annexon, Inc. (ANNX), received a derivative award for 65,000 shares on June 11, 2026. The reported acquisition price is $0.00 and the filing treats this as a grant/award (derivative), not an open‑market purchase or sale.
Key Details
- Transaction date: June 11, 2026; Form 4 filed June 15, 2026.
- Instrument: 65,000-share derivative award (listed as A = award/grant); reported price $0.00 and reported value $0.
- Vesting: The underlying shares become exercisable/vest 100% on the earlier of (i) the first anniversary of June 11, 2026 or (ii) the next Annual Meeting after June 11, 2026, provided Jones remains in continuous service as a director.
- Shares owned after transaction: Not specified in the filing.
- No indication of immediate sale or cashless exercise; this is a grant, not a sale/gift/10b5-1 trade.
Context
- This filing reports a stock-based award to a director. Such grants are common as compensation and do not necessarily signal personal buying or selling intent. Because this is a derivative award with a vesting condition, the economic benefit to the director depends on future vesting/exercise and any applicable exercise price or plan terms.