Brun Scott C. 4
4 · Forte Biosciences, Inc. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Forte Biosciences (FBRX) Director Scott C. Brun Receives RSU Award
What Happened Scott C. Brun, a director of Forte Biosciences, was granted 18,353 restricted stock units (RSUs) on 2026-05-29. The RSUs were issued at $0.00 (no cash paid) and are reported as a derivative award—there is no immediate cash value until the RSUs convert to shares upon vesting. This is a grant/compensation event, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-29; filing date: 2026-06-02 (filed within the standard two-business-day Form 4 deadline).
- Grant: 18,353 RSUs; acquisition price reported as $0.00.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — each RSU equals a contingent right to one share of common stock. F2 — 100% of the RSUs vest on the date of the first annual meeting of stockholders occurring after May 29, 2026, subject to the reporting person’s continued service.
- Classification: Derivative award (code A on Form 4).
Context RSU grants are a common form of equity compensation for directors and employees and do not represent an immediate purchase or sale of shares. They only convert into actual shares (and thus market exposure or proceeds) if and when they vest and are delivered. This filing simply notifies investors of the grant and the stated vesting condition; it does not indicate that shares were sold or bought in the market.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-05-29+18,353→ 18,353 total→ Common Stock (18,353 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Forte Biosciences, Inc. (the "Issuer") Common Stock.
- [F2]Subject to the Reporting Person's continuing as a Service Provider (as defined in the 2021 Equity Incentive Plan) through such date, one hundred percent (100%) of the RSUs subject to the award will vest on the date of the first annual meeting of the stockholders that occurs after May 29, 2026.