Monopar Therapeutics·4

Jul 2, 7:37 PM ET

Cittadine Andrew 4

Research Summary

AI-generated summary

Updated

Monopar (MNPR) COO Andrew Cittadine Receives RSU Shares

What Happened
Andrew Cittadine, Chief Operating Officer of Monopar Therapeutics (MNPR), had 5,254 restricted stock units (RSUs vest) on June 30, 2026. Those RSUs were converted into 5,254 common shares; the company withheld 2,309 of those shares to cover applicable withholding taxes, valued at $92.59 per share for a total tax withholding of $213,790. Net newly issued shares to Cittadine = 2,945 (5,254 vested − 2,309 withheld).

Key Details

  • Transaction date: June 30, 2026; filing date: July 2, 2026.
  • Vesting/conversion (derivative exercise, code M): 5,254 RSUs converted into 5,254 common shares.
  • Tax withholding (code F): 2,309 shares withheld at $92.59/share, total $213,790.
  • Net shares received: 2,945 shares after withholding.
  • Footnotes: These shares came from scheduled RSU grants (grants dated Feb 1, 2023; Mar 4, 2025; Dec 2, 2025) that vest on a multi‑quarter schedule. Disposals labeled as derivative surrender indicate RSUs were exchanged for common stock upon vesting.
  • Shares owned after the transaction: not specified in the provided filing excerpt.
  • No 10b5-1 plan or late‑filing indication shown in the provided data.

Context
This was a routine RSU vesting and settlement, not an open‑market purchase or sale by the insider. The withholding of shares to cover taxes is common for RSU settlements and is recorded as a disposition (code F). The dual reporting of acquired shares and the surrendered derivative reflects issuance of stock upon vesting and cancellation of the underlying RSUs.