Bir Dawn Carter 4

What Happened

• Bir Dawn Carter, a director of Geron Corp (GERN), was granted a derivative award covering 220,000 shares on 2026-05-20. The filing shows an acquisition price of $0.00 (no cash paid on grant); the filing does not state any immediate exercise or sale.

Key Details

• Transaction date: 2026-05-20 (Grant; transaction code A)
• Reported acquisition: 220,000 shares (derivative stock option) at $0.00 (no cash exchanged shown)
• Vesting: Vests and becomes exercisable 100% on the earlier of (i) the next annual stockholders’ meeting or (ii) the first anniversary of the grant, subject to continuous service (per footnote)
• Shares owned after transaction: not disclosed in the provided filing data
• Filing date: Form 4 filed 2026-05-26 (six days after the transaction); the filing does not include a tardiness code in the summary provided here

Context

• This was a stock-option style award (derivative) that will vest on a time-based schedule if the director remains in service; it was not an open-market purchase or sale and there was no immediate cash exercise reported. Director awards like this are commonly used for compensation and retention and do not by themselves indicate a buy/sell signal.