Denali Therapeutics Inc.·4

Jun 5, 4:44 PM ET

Van Hauwermeiren Timothy 4

4 · Denali Therapeutics Inc. · Filed Jun 5, 2026

Research Summary

AI-generated summary of this filing

Updated

Denali Therapeutics (DNLI) Director Van Hauwermeiren Receives Award

What Happened

  • Timothy Van Hauwermeiren, a director of Denali Therapeutics, received equity awards on 2026-06-03 consisting of 6,408 shares and 19,226 derivative units (RSUs), both reported at $0.00. Combined, the grants total 25,634 shares/RSU equivalents. These were awards (code A) — company compensation, not open-market purchases.

Key Details

  • Transaction date: 2026-06-03; Form 4 filed: 2026-06-05 (appears timely).
  • Grant details: 6,408 shares @ $0.00 (acquired) and 19,226 @ $0.00 (derivative/RSU).
  • Holdings after transaction: Not specified in the transaction summary provided in this filing.
  • Footnotes:
    • F1: Each derivative unit is an RSU and a contingent right to one share; 100% of these RSUs vest on the earlier of (i) one year after the grant or (ii) the day before the issuer's next annual meeting.
    • F2: The filing notes 17,040 RSUs are unvested.
    • F3: Notes that any option shares (if applicable) vest 100% on the same schedule as above.
  • Transaction code: A = Award/Grant.

Context

  • These awards are typical director compensation and are reported at $0 because they are grants, not purchases. RSUs are derivative awards that convert into shares if and when they vest; they do not represent immediate open-market buying or selling. Vesting timing (within ~1 year per footnotes) determines when the director will actually receive shares and potentially incur tax events.

Insider Transaction Report

Form 4
Period: 2026-06-03
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-06-03+6,40817,040 total
  • Award

    Stock Option (right to buy)

    [F3]
    2026-06-03+19,22619,226 total
    Exercise: $19.66Exp: 2036-06-03Common Stock (19,226 underlying)
Footnotes (3)
  • [F1]Each share is represented by a Restricted Stock Unit ("RSU") and a contingent right to receive one share of common stock of the Issuer. 100% of the RSUs shall vest upon the earlier of (i) the one year anniversary of the grant date or (ii) the day preceding the Issuer's next annual meeting of stockholders occurring after the grant date.
  • [F2]Includes 17,040 unvested RSUs.
  • [F3]100% of the shares subject to the option shall vest upon the earlier of (i) the one year anniversary of the grant date or (ii) the day preceding the Issuer's next annual meeting of stockholders occurring after the grant date.
Signature
/s/ Tyler Nielsen, by power of attorney|2026-06-05

Documents

1 file
  • 4
    wk-form4_1780692290.xmlPrimary

    FORM 4