DANSEY ROGER D 4
Research Summary
AI-generated summary
Inovio (INO) Director Roger Dansey Receives Equity Awards
What Happened
- Director Roger Dansey was granted a total of 76,000 equity awards on 2026-05-20: 41,800 option-based awards (derivative) and 34,200 restricted stock units (RSUs). Both grants show an acquisition price of $0.00 (typical for compensation awards) and therefore no immediate cash value reported in the filing.
Key Details
- Transaction date: 2026-05-20; Form 4 filed: 2026-05-21 (timely).
- Grants: 41,800 derivative awards (options) @ $0.00; 34,200 RSUs @ $0.00. Total awarded shares: 76,000.
- Vesting: Options vest 100% on May 20, 2027 (F2). RSUs vest 100% on May 20, 2027 and each RSU converts to one share upon vesting (F3).
- Plan and policy: Awards granted under the 2023 Omnibus Incentive Plan per the issuer’s non-employee director compensation policy (F1).
- Shares owned after transaction: Not specified in the filing.
Context
- These awards are compensation grants to a non-employee director, not an open-market purchase or sale. Options and RSUs are deferred/contingent compensation that vest in one year; they do not represent immediate cash proceeds and do not necessarily indicate short-term trading intent. Grants under director comp policies are common and routine.