Newcomer Lee Nisley 4
4 · Coherus Oncology, Inc. · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
Coherus (CHRS) Director Lee Nisley Receives RSUs & Options
What Happened
- Lee Nisley, a director of Coherus Oncology, received two equity awards on 2026-06-05: 30,000 restricted stock units (RSUs) and a 60,000-share derivative award (options). Both grants were reported at $0 acquisition price (typical for compensation awards reported on Form 4). These are grants — not open-market purchases or sales.
Key Details
- Transaction date: 2026-06-05; Form 4 filed 2026-06-09 (filed within the two-business-day reporting window).
- Awards and amounts: 30,000 RSUs (F1) and 60,000 derivative/option shares (F2), reported at $0.
- Vesting/exercise schedule: RSUs vest 100% on the one-year anniversary of June 3, 2026 (i.e., June 3, 2027). The 60,000 option shares become vested and exercisable 100% on June 3, 2027 (per footnotes).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes: F1 explains RSUs convert to one share per RSU upon vesting; F2 states the underlying option shares vest/become exercisable on June 3, 2027.
Context
- RSUs convert to actual shares only upon vesting; until then they are a promise of future shares tied to continued service. The derivative award (options) becomes exercisable on the stated vesting date — this is a grant of potential future stock, not an immediate purchase or sale.
- These types of awards are common as director compensation and do not, by themselves, indicate an insider buying or selling stock.
Insider Transaction Report
Form 4
Newcomer Lee Nisley
Director
Transactions
- Award
Common Stock
[F1]2026-06-05+30,000→ 30,000 total - Award
Stock Option (Right to Buy)
[F2]2026-06-05+60,000→ 60,000 totalExercise: $1.45Exp: 2036-06-05→ Common 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 Lee Nisley Newcomer|2026-06-09