Farokhzad Omid 4
Research Summary
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Seer (SEER) CEO Omid Farokhzad Receives RSU and Derivative Awards
What Happened Omid Farokhzad, CEO and Chair (director) of Seer, Inc. (SEER), was granted two awards on February 3, 2026: 697,162 restricted stock units (RSUs) and 512,000 shares reported as a derivative award. Both grants were reported at $0.00 (no cash paid). Together the awards total 1,209,162 shares subject to future vesting and/or exercise rather than immediate transferable shares.
Key Details
- Transaction date: February 3, 2026; filing date: February 5, 2026 (timely filing).
- Reported amounts/prices: 697,162 RSUs @ $0.00; 512,000 derivative shares @ $0.00.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes of note:
- F1: The 697,162 shares are RSUs vesting in 16 equal quarterly installments beginning May 15, 2026.
- F2: The 512,000 derivative shares are held of record by SAF-BND Trust (the reporting person’s spouse is trustee); the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
- F3: The filing also includes an option-style vesting schedule (1/4 on Feb 3, 2027 and 1/48th monthly thereafter), which appears to apply to derivative/option awards disclosed.
- Transaction code: “A” (award/grant).
Context These grants are compensation awards that vest over time (RSUs and a derivative/option-style award) and do not represent open‑market purchases or immediate sales. RSUs convert to shares only as they vest; derivative/option awards may require future vesting and/or exercise. Trust-held shares and the disclaimer in F2 mean record ownership is with a family trust, not direct beneficial ownership for all purposes. For retail investors, such awards are routine executive compensation and not an immediate buy/sell signal.