Lang Matthew 4
4 · Structure Therapeutics Inc. · Filed Apr 23, 2026
Research Summary
AI-generated summary of this filing
Structure Therapeutics COO Matthew Lang Receives RSU/Derivative Awards
What Happened
- Matthew Lang, Chief Operating Officer and General Counsel of Structure Therapeutics (GPCR), received two stock-based awards on April 15, 2026 totaling 408,390 shares: 184,614 shares (RSUs) and 223,776 shares listed as a derivative award. Both grants show $0.00 as the acquisition price (no cash paid at grant). The awards are subject to vesting and were reported on a Form 4 filed April 23, 2026.
Key Details
- Transaction date: 2026-04-15; Form 4 filed: 2026-04-23 (filed 8 days after the transaction; appears late vs. the usual 2-business-day Form 4 deadline).
- Reported amounts: 184,614 shares (RSUs) and 223,776 shares (derivative award) — total 408,390 shares; acquisition price reported as $0.00 for both.
- Shares owned after the transaction: not specified in the supplied filing details.
- Relevant footnotes from the filing:
- F1: Ordinary shares may be represented by ADSs (each ADS = 3 ordinary shares).
- F2: The 184,614 award represents restricted stock units (RSUs); each RSU is a contingent right to one ordinary share and (per F2) vests 1/4 annually on each anniversary of April 15, 2026, subject to continued service.
- F3/F4: The 223,776 derivative award carries vesting and exercise-price language — F3 notes any option exercise price would equal fair market value on the grant date; F4 indicates one-fourth vests on the first anniversary of April 15, 2026, with the remainder vesting in 36 equal monthly installments thereafter.
- No sale or exercise was reported; these are grants/awards, not dispositions.
Context
- RSUs and similar derivative awards are common executive compensation; they do not represent immediate cash proceeds and only convert into stock (or ADSs) as they vest.
- The derivative award language indicates an instrument tied to future equity (could include options or performance-based shares); the filing shows no immediate exercise or sale.
- The April 23 filing date is later than typical Form 4 timing (within 2 business days of the transaction), so the filing appears untimely in this record.
Insider Transaction Report
Form 4
Lang Matthew
COO & GC
Transactions
- Award
Ordinary Shares
[F1][F2]2026-04-15+184,614→ 184,614 total - Award
Share option (right to buy)
[F3][F4][F1]2026-04-15+223,776→ 223,776 totalExercise: $18.08Exp: 2036-04-14→ Ordinary Shares (223,776 underlying)
Footnotes (4)
- [F1]The Ordinary Shares of the Issuer may be represented by American Depositary Shares ("ADSs"). Each ADS represents three Ordinary Shares of the Issuer.
- [F2]Represents the grant of restricted stock units ("RSUs"), each of which represents a contingent right to receive one Ordinary Share of the Issuer. The RSUs vest 1/4th annually on each anniversary of April 15, 2026, subject to Reporting Person's continued service on such dates.
- [F3]The option exercise price per share is equal to the fair market value per Ordinary Share on the grant date based on the trading price of the Issuer's ADSs.
- [F4]One-fourth of the shares vest on the first anniversary of April 15, 2026, and the remaining shares shall vest in thirty-six (36) equal monthly installments thereafter, subject to the Reporting Person's continued service through each such vesting date.
Signature
/s/ Jun Yoon, Attorney-in-Fact|2026-04-22