Yednock Ted 4

4 · Annexon, Inc. · Filed Feb 23, 2026

AI-generated summary of this filing

Updated Feb 24, 2026

Annexon (ANNX) EVP Ted Yednock Receives Equity Awards

What Happened

Ted Yednock, EVP & Chief Innovation Officer of Annexon, was granted a total of 312,500 shares on February 19, 2026. The filing shows two award line items: 62,500 shares (RSUs) and 250,000 shares reported as a derivative award. Both were recorded at $0.00 (no cash paid at grant).

Key Details

Transaction date: 2026-02-19; Form 4 filed: 2026-02-23 (timely within the 2-business‑day window).
Awards: 62,500 RSUs (1:1 conversion to shares on vesting); 250,000 derivative award (subject to vesting schedule).
Vesting:
- 62,500 RSUs: 1/3 vests annually on Feb 19, starting Feb 19, 2027, subject to continued service.
- 250,000 derivative award: 1/48th vests monthly beginning Feb 19, 2026 (Vesting Commencement Date), fully vested on the 4th anniversary, subject to continued service.
Price/value at grant: $0.00 per share (typical for time‑based equity grants).
Shares owned after transaction: not specified in the provided filing excerpt.
No indication of a 10b5‑1 plan, tax withholding sale, or late filing in this Form 4.

Context

These are time‑based equity awards (RSUs/derivative awards) that vest over several years and require continued service — they are standard compensation, not open‑market purchases or sales. Because no cash was paid and the awards vest over time, this filing signals executive compensation rather than an immediate bullish or bearish trading action.

Form 4

Period: 2026-02-19

EVP & CHIEF INNOVATION OFFICER

Transactions

Award
Common Stock
[F1]
2026-02-19+62,500→ 159,727 total
Award
Stock Option (Right to Buy)
[F2]
2026-02-19+250,000→ 250,000 total
Exercise: $5.10Exp: 2036-02-19→ Common Stock (250,000 underlying)

Footnotes (2)

[F1]Constitute restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of Common Stock for each RSU upon vesting. 1/3rd of the RSUs vest annually on February 19 of each year, with the first 1/3rd vesting on February 19, 2027, subject to Reporting Person's continuous service with the Issuer as of each such vesting date.
[F2]1/48th of the shares subject to the option vest on each monthly anniversary measured from February 19, 2026 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date, subject to Reporting Person's continuous service with the Issuer as of each such vesting date.

Signature

/s/ Jennifer Lew, Attorney-in-Fact|2026-02-23

1 file