Vittiglio Joseph 4
Research Summary
AI-generated summary
PepGen (PEPG) Joseph Vittiglio Receives RSUs and Option Award
What Happened
- Joseph Vittiglio, PepGen's Chief Business & Legal Officer, received two compensation awards on 2026-03-01: 30,717 restricted stock units (RSUs) and a derivative award covering 120,000 shares (an option). Both awards were recorded at $0.00 per share (i.e., grants, not purchases or sales).
Key Details
- Transaction date(s): 2026-03-01; Form 4 filed 2026-03-02 covering the 2026-03-01 grant.
- Reported amounts/prices: 30,717 RSUs @ $0.00 (Award A); 120,000 derivative/option shares @ $0.00 (Award A).
- Vesting/terms (from footnotes): RSUs vest in equal annual installments over 4 years (first vesting 3/1/2027). The option vests 25% after one year, then the remaining 75% in 36 equal monthly installments thereafter, subject to continued service.
- Shares owned after transaction: Not specified in the provided filing.
- Filing timeliness: Form filed the next day (no late-filing flag indicated).
- Transaction code: A = Award/Grant.
Context
- The RSUs represent the contingent right to receive common shares upon vesting; the 120,000-share entry is a stock option award (not an exercise). Neither award involved an open-market purchase or sale, nor were shares sold or exercised at grant. These are compensation grants subject to service-based vesting.