HUME DANIEL 4
4 · TG THERAPEUTICS, INC. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
TG Therapeutics (TGTX) Director Daniel Hume Receives Award
What Happened Daniel Hume, a director of TG Therapeutics, was granted 8,325 stock‑tracking units (STUs) on 2026-06-11. The grant is reported as an award/derivative (code A) at a reported price of $0.00; the filing shows no immediate cash paid. These STUs are a contingent right to receive either shares or a cash payment tied to the company’s share fair market value, so there is no immediate share transfer or sale.
Key Details
- Transaction date: 2026-06-11; Form 4 filed: 2026-06-15.
- Award: 8,325 STUs granted; reported price $0.00 (derivative award).
- Shares owned after transaction: Not specified in the filing.
- Footnote F1: Each STU may settle for one share or a cash payment equal to one share’s fair market value, at the committee’s discretion, no later than 30 days after the first anniversary of grant.
- Footnote F2: STUs vest on the first anniversary of the grant provided the reporting person remains in continuous service through the vesting date.
- Filing timeliness: Filed 4 days after the transaction date; filing dates are shown on the Form 4 (no late‑filing flag noted in the summary data).
Context This is a compensation award (derivative grant), not an open‑market purchase or sale. The economic value to the insider depends on future vesting and the company’s share price (or a cash settlement) after the one‑year vesting period; therefore it does not represent an immediate buy/sell signal.
Insider Transaction Report
- Award
Stock Tracking Unit
[F1][F2]2026-06-11+8,325→ 8,325 total→ Common Stock (8,325 underlying)
Footnotes (2)
- [F1]Each stock tracking unit ("STU") represents a contingent right to receive either (determined at the sole discretion of the committee of the Board of Directors of the Issuer that administers the Issuer's 2022 Incentive Plan) (i) one share of the Issuer's common stock or (ii) a cash payment equal to the fair market value of one share of the Issuer's common stock, no later than thirty (30) days after the first anniversary of the date of grant.
- [F2]Provided the Reporting Person remains in continuous service with the Issuer through the vesting date, the STUs shall vest upon the first anniversary of the date of grant.