Tinmouth Brian Philippe 4
Research Summary
AI-generated summary
SCYNEXIS (SCYX) Director Brian Tinmouth Receives 5,750-Share Award
What Happened
Brian Philippe Tinmouth, a non-employee director of SCYNEXIS, received equity awards on June 26, 2026 totaling 5,750 shares (two line items of 2,875 shares each). Both grants are reported at a $0.00 acquisition price in the filing (total reported value $0). One award is reported as a derivative security (an option-like award); the other appears to be a direct restricted stock/RSU award. These are grants/awards (compensation), not open-market purchases or sales.
Key Details
- Transaction date: 2026-06-26; Form 4 filed: 2026-06-30 (filed timely).
- Reported amounts: 2,875 shares (award) + 2,875 shares (derivative award) = 5,750 shares; reported acquisition price: $0.00 (total $0).
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes:
- F1: The RSU-like award vests 100% on the first anniversary of the grant if the director remains in service.
- F3: The derivative award (option-like) vests 100% on the first anniversary if the director remains in service.
- F2: All amounts have been adjusted for a 1-for-8 reverse stock split effective May 29, 2026.
- Filing timeliness: The Form 4 was filed on June 30, 2026 for a June 26 transaction — within the two-business-day reporting window.
Context
- These are compensation awards to a director, not purchases or sales; such grants are common director compensation and do not by themselves signal a buy/sell intent.
- The derivative grant is an option-like award that will vest in one year per the footnote; exercising (if required) and any exercise price or subsequent sale would be reported separately when they occur.