Richards Christos 4
Research Summary
AI-generated summary
CodeXis (CDXS) Director Christos Receives Award of 66,350 Shares
What Happened
- Director Christos (Richards Christos) received a grant/award on 2026-06-17 covering 66,350 shares as a derivative award. The reported acquisition price was $0.00, so no cash was paid at grant and the award’s immediate value is not shown on the Form 4.
Key Details
- Transaction date: 2026-06-17; Filing date: 2026-06-18 (timely — Form 4 filed within required window).
- Transaction type/code: A — Grant, award or other acquisition (derivative security).
- Shares awarded: 66,350; Reported price: $0.00; No immediate cash exchanged.
- Shares owned after transaction: Not specified in the information provided in this summary.
- Footnote: The award vests and becomes exercisable for all shares on the earlier of the first anniversary of the grant date or the next annual stockholder meeting, subject to the director’s continued service.
Context
- This was a compensation-related award (a derivative grant such as options or restricted stock units), not an open-market purchase or sale. Such awards typically vest over time and do not represent immediately tradable shares until vesting/exercise conditions are met.