Coherus Oncology, Inc.·4

Jun 9, 6:39 PM ET

Newton Charles W. 4

4 · Coherus Oncology, Inc. · Filed Jun 9, 2026

Research Summary

AI-generated summary of this filing

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Coherus Oncology (CHRS) Director Charles W. Newton Receives Award

What Happened

  • Charles W. Newton, a director of Coherus Oncology (CHRS), received awards on June 5, 2026: 30,000 restricted stock units (RSUs) and 60,000 derivative awards (reported as an "A" award) at $0.00 per share, total reported value $0. These awards are grants, not open-market purchases or sales, so no cash changed hands.

Key Details

  • Transaction date(s) and price(s): 2026-06-05; both awards reported at $0.00 per share.
  • Amounts: 30,000 RSUs + 60,000 derivative awards = 90,000 total units granted.
  • Vesting / exercisability (footnotes):
    • F1 (RSUs): 30,000 RSUs convert to one share per RSU and vest 100% on the one‑year anniversary of June 3, 2026 (i.e., June 3, 2027), subject to continued service.
    • F2 (derivative award): The underlying shares become exercisable/vest 100% on June 3, 2027, subject to continued service.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Filing date / timeliness: Form filed on 2026-06-09 for a 2026-06-05 transaction — this is several days after the trade and may be later than the standard Form 4 deadline (typically within two business days).

Context

  • These are forward-looking equity awards with time‑based vesting tied to continued service; they do not represent an immediate purchase or sale of shares and therefore do not by themselves indicate a buy/sell signal.
  • The 60,000 derivative awards appear to be option-like or other derivative instruments that will become exercisable/vest on the same vesting date; no cashless exercise or immediate disposition is reported.

Insider Transaction Report

Form 4
Period: 2026-06-05
Transactions
  • Award

    Common Stock

    [F1]
    2026-06-05+30,00030,000 total
  • Award

    Stock Option (Right to Buy)

    [F2]
    2026-06-05+60,00060,000 total
    Exercise: $1.45Exp: 2036-06-05Common Stock (60,000 underlying)
Footnotes (2)
  • [F1]Constitute restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of Common Stock for each RSU upon vesting. 100% of the RSUs shall vest on the one year anniversary of June 3, 2026, subject to Reporting Person's continued service relationship with the Issuer on such vesting date.
  • [F2]The underlying shares vest and become exercisable as to 100% of the total number of the shares subject to the option on June 3, 2027, subject to the Reporting Person's continued service relationship with the Issuer on such vesting date.
Signature
/s/ Bryan McMichael, as Attorney in Fact for Charles W. Newton|2026-06-09

Documents

1 file
  • 4
    form4.xmlPrimary