Singhvi Rahul 4
Research Summary
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Codexis (CDXS) Director Rahul Singhvi Receives 66,350-Share Award
What Happened
- Rahul Singhvi, a director of Codexis, Inc. (CDXS), received a grant/award of derivative securities covering 66,350 shares on 2026-06-17. The grant is reported at $0.00 per share (no cash paid at grant) and is classified as a derivative award on the Form 4.
Key Details
- Transaction date: 2026-06-17; Form 4 filed: 2026-06-18 (timely filing).
- Amount: 66,350 shares; reported price: $0.00 per share.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: The award vests in full on the earlier of the first anniversary of the grant date or the next annual stockholder meeting, contingent on the director’s continued service.
- Type: Reported as a derivative award (A). Filing does not specify whether these are RSUs, stock options, or another form of equity compensation.
Context
- This is a grant of equity compensation to a board member, a routine form of director pay; it is not a cash purchase or sale. Such awards do not by themselves indicate an immediate sale or cash realization.