Love Douglas 4

What Happened

• Douglas Love, President & CEO and Director of Annexon, received a derivative award on 2026-02-19 covering 1,250,000 shares. The filing shows $0.00 paid for the grant (reported as a derivative grant/award rather than an open‑market purchase or sale).

Key Details

• Transaction date: February 19, 2026; reported on Form 4 filed February 23, 2026 (within the SEC’s two-business-day reporting window).
• Shares/units granted: 1,250,000 (derivative award). Amount paid reported as $0.00; total cash consideration reported $0.
• Vesting: 1/48th of the shares subject to the option vest on each monthly anniversary beginning Feb 19, 2026; 100% vests on the fourth anniversary (subject to continuous service).
• Post-transaction holdings: Not disclosed in the provided excerpt.
• Other notes: The filing identifies this as an award/derivative grant (not an immediate purchase or sale). Specific exercise price or other option mechanics beyond the vesting schedule are not provided in the extract.

Context

• This is a compensation-related grant (an option/award) that vests over time, not an open-market purchase or sale. Such awards are common for executive compensation and reflect future potential ownership if vesting and any exercise conditions are met.