Coherus Oncology, Inc.·4

Jun 9, 6:42 PM ET

Newcomer Lee Nisley 4

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

Research Summary

AI-generated summary of this filing

Updated

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
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 Lee Nisley Newcomer|2026-06-09

Documents

1 file
  • 4
    form4.xmlPrimary