BENEVICH ERIC 4
4 · aTYR PHARMA INC · Filed May 13, 2026
Research Summary
AI-generated summary of this filing
aTYR PHARMA (ATYR) Director Eric Benevich Receives Award
What Happened
Eric Benevich, a director of aTYR PHARMA, was granted a derivative award covering 50,000 shares on 2026-05-11. The Form 4 reports the acquisition price as $0.00 (this reflects an option/award rather than a cash purchase) and the award is recorded as a derivative instrument. This is a compensation grant to a non-employee director, not an open-market buy or sale.
Key Details
- Transaction date: 2026-05-11; Form 4 filed 2026-05-13 (filed timely, within the two-business-day Form 4 window).
- Instrument: 50,000-share option award (recorded as a derivative); acquisition price $0.00 on the report.
- Shares owned after transaction: not disclosed in the filing.
- Footnote: The option vests in full on the earlier of (i) May 11, 2027 or (ii) the Issuer's 2027 Annual Meeting of Stockholders, subject to Mr. Benevich’s continued board service.
- Transaction code: A = Award/Grant (not a purchase P or sale S).
Context
This is a typical non-employee director compensation award and does not represent an immediate purchase or sale of shares. As a derivative (option) award, economic benefit depends on future vesting and any applicable exercise terms; the filing does not show an immediate cashless exercise or sale. Such grants are common and should be viewed as routine compensation unless accompanied by other trading activity.
Insider Transaction Report
- Award
Stock Option (right to buy)
[F1]2026-05-11+50,000→ 50,000 totalExercise: $0.95Exp: 2036-05-11→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]The option, granted pursuant to the Issuer's non-employee director compensation policy, vests in full on the earlier of (i) May 11, 2027 or (ii) the Issuer's 2027 Annual Meeting of Stockholders, subject to the Reporting Person's continued service on the Board of Directors.