Florin Daniel P 4
Research Summary
AI-generated summary
Pulmonx (LUNG) Director Florin Daniel Receives RSU Award
What Happened
- Florin Daniel P, a director of Pulmonx Corp (LUNG), was granted 40,000 Restricted Stock Units (RSUs) on June 5, 2026. The Form 4 reports an acquisition at $0.00 per share (total reported value $0), reflecting a compensatory equity award rather than a cash purchase.
Key Details
- Transaction date: 2026-06-05; Form 4 filed: 2026-06-09.
- Transaction type/code: Award/Grant (coded "A" on the Form 4).
- Shares granted: 40,000 RSUs; reported acquisition price: $0.00; total reported acquisition value: $0.
- Shares owned after transaction: not specified in the filing.
- Footnote (F1): RSUs vest on the earlier of (i) the one-year anniversary of the grant (June 5, 2027, or next business day if that date is not a business day) or (ii) the date of the Annual Meeting of Stockholders for the year after the grant.
- Timeliness: Form 4 was filed 4 days after the transaction date; Form 4s are generally due within two business days, so investors may wish to verify timeliness if that matters to them.
Context
- RSUs are a compensation award that convert to shares only upon vesting; they are not an immediate open-market purchase or sale. Grants to directors are common as part of non-cash compensation and do not by themselves indicate a buy or sell signal.