Lane Benjamin 4
4 · Nuvalent, Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Nuvalent (NUVL) Lane Benjamin, Chief Technical Ops Officer, Receives Awards
What Happened Lane Benjamin, Nuvalent's Chief Technical Operations Officer, was granted equity awards on April 1, 2026: 9,500 restricted stock units (RSUs) and 19,000 derivative awards (options/option-based awards). Both awards were reported with an acquisition price of $0, reflecting typical compensation grants rather than an open-market purchase or sale.
Key Details
- Transaction date: April 1, 2026; Form 4 filed April 2, 2026 (timely filing).
- Awards reported: 9,500 RSUs (acquired at $0) and 19,000 derivative awards/options (acquired at $0).
- Vesting: RSUs vest in three equal annual installments after April 1, 2026 (F1). The shares underlying the option awards vest monthly over four years beginning April 1, 2026 (F2).
- Shares owned after transaction: Not specified in this Form 4.
- No mention of 10b5-1 plan, tax withholding sale, or immediate cashless exercise in the filing.
Context RSUs and option awards are common forms of executive compensation intended to retain employees and align incentives; they do not reflect an immediate purchase or sale of stock. RSUs convert into shares only as they vest; option awards give a right to acquire shares under their vesting schedule. Because these awards carry future vesting conditions, they represent potential future equity rather than immediate market activity.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-04-01+9,500→ 50,368 total - Award
Stock Option (Right to Buy)
[F2]2026-04-01+19,000→ 19,000 totalExercise: $105.64Exp: 2036-04-01→ Class A Common Stock (19,000 underlying)
Footnotes (2)
- [F1]Consists of shares of Nuvalent, Inc. Class A Common Stock issuable under restricted stock units ("RSUs"). Each RSU represents the right to receive one share of Nuvalent, Inc. Class A Common Stock. The RSUs vest in three equal annual installments following April 1, 2026, subject to continued service to Nuvalent, Inc. through the applicable vesting date.
- [F2]The shares underlying this option vest over the four years following April 1, 2026 in equal monthly installments, subject to continued service to Nuvalent, Inc. through the applicable vesting date.