Burns Thomas William 4
4 · Pulmonx Corp · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
Pulmonx (LUNG) Director Thomas W. Burns Receives 40,000 RSUs
What Happened
Thomas W. Burns, a director of Pulmonx Corp (LUNG), received an award of 40,000 Restricted Stock Units (RSUs) on June 5, 2026. The grant is reported at $0.00 per share (total reported value $0) because RSUs represent a future right to receive shares rather than an immediate purchase. The RSUs are payable solely in common stock upon vesting.
Key Details
- Transaction date: June 5, 2026; Form 4 filed June 9, 2026.
- Transaction type/code: Award/Grant (A). Price reported: $0.00; total reported consideration: $0.
- Vesting: RSUs vest on the earlier of (i) the one-year anniversary of the grant (June 5, 2027, or next business day if not a business day) or (ii) the date of the Annual Meeting of Stockholders for the year after the grant. RSUs payable solely in common stock (no cash settlement).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Filing timeliness: Form filed on 2026-06-09 (see Form 4 for any tardiness notation).
Context
RSUs are a compensatory grant that convert into actual shares only when they vest; they do not represent immediate sale or purchase activity. Because this is an award (not a purchase or sale), it does not by itself signal buying or selling sentiment — value will depend on Pulmonx’s share price at vesting and any tax withholding rules that may apply at distribution.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-05+40,000→ 113,399 total
Footnotes (1)
- [F1]Represents grant of Restricted Stock Units ("RSU Grant") payable solely in common stock of the Issuer that vest on the earlier of (i) the one-year anniversary of the date of grant of June 5, 2026, or if such date is not a business day, then on the next business day, or (ii) the date of the Annual Meeting of the Stockholders for the year subsequent to the date such RSU Grant is made.