Parschauer Karah Herdman 4
Research Summary
AI-generated summary
Evolus (EOLS) Director Parschauer Karah Herdman Receives 45,559 RSUs
What Happened
- Parschauer Karah Herdman, a director of Evolus, was granted 45,559 restricted stock units (RSUs) on February 17, 2026. The reported acquisition amount is $0 because this was an equity award rather than an open-market purchase. These RSUs represent a contingent right to receive one share per RSU upon settlement.
Key Details
- Transaction date: 2026-02-17; Transaction code: A (award/grant).
- Shares/units granted: 45,559 RSUs; acquisition amount reported as $0.
- Vesting: RSUs vest in full on the one-year anniversary of Feb 17, 2026 (i.e., Feb 17, 2027), subject to continued service and potential accelerated vesting on certain events (see footnote F1).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Filing date: 2026-02-19 — appears timely (filed within the standard Form 4 reporting window).
- Footnote F1: Each RSU converts to one share on settlement; vesting conditioned on continuous service and may accelerate on certain change-of-control events.
Context
- RSU grants are common compensation for directors and are contingent on future vesting; they do not represent an immediate purchase or sale of stock. Such awards are informative about compensation but are not a direct bullish or bearish trade by the insider until/if the units settle and the insider sells or buys shares.