Hatfield Jeffrey S. 4
4 · Vir Biotechnology, Inc. · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Vir Biotechnology (VIR) Director Jeffrey Hatfield Receives Awards
What Happened
Jeffrey S. Hatfield, a director of Vir Biotechnology (VIR), was granted two awards on May 27, 2026: 8,000 restricted stock units (RSUs) and a 16,000-share derivative award (stock option-type award). Both grants show a $0.00 purchase price on the Form 4 (no cash paid). According to the filing footnotes, the RSUs and the derivative award will vest in full on May 27, 2027.
Key Details
- Transaction date: 2026-05-27; Filing date: 2026-05-28 (filed timely).
- Grants: 8,000 RSUs (F1) and a 16,000-share derivative award/option (A, derivative). Both reported at $0.00 acquisition price.
- Vesting: RSUs vest in full on May 27, 2027 (F2); the derivative award/option will vest and become exercisable in full on May 27, 2027 (F3).
- Shares owned after the reported transactions: not stated in the supplied filing details.
- No sale or exercise occurred — these are awards/vesting grants, not purchases or market sales.
Context
Grants of RSUs and option-type awards are common compensation/retention tools for executives and directors. Because these awards vest in a year, they are intended to tie the director to future company performance rather than signal immediate buying or selling. The filing shows acquisition at $0.00 (standard for equity awards) and was filed promptly the next day.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-05-27+8,000→ 39,806 total - Award
Stock Option (Right to Buy)
[F3]2026-05-27+16,000→ 16,000 totalExercise: $9.10From: 2027-05-27Exp: 2036-05-26→ Common Stock (16,000 underlying)
Footnotes (3)
- [F1]Acquisition of restricted stock units (RSUs) pursuant to the Issuer's Equity Incentive Plan.
- [F2]The RSUs will vest in full on May 27, 2027.
- [F3]The shares subject to the stock option will vest and become exercisable in full on May 27, 2027.