BridgeBio Pharma (BBIO) President and CFO receives 59,041 RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Trimarchi Thomas reported acquisition or exercise transactions in this Form 4 filing.
BridgeBio Pharma, Inc. reported that its President and CFO, Thomas Trimarchi, received a grant of 59,041 restricted stock units (RSUs) of common stock as equity compensation. Each RSU represents a right to receive one share of common stock. The RSUs vest as to 1/16 of the underlying shares on May 16, 2026, and 1/16 each quarter thereafter, conditioned on his continued service. Following this grant, Trimarchi directly holds 395,626 shares of BridgeBio common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Trimarchi Thomas
Role
President and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 59,041 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 395,626 shares (Direct)
Footnotes (1)
- Grant of restricted stock units ("RSUs") under the Issuer's 2021 Amended and Restated BridgeBio Pharma, Inc. Stock Option and Incentive Plan. The RSUs shall vest with respect to 1/16th of the underlying shares on May 16, 2026, and as to 1/16th of the underlying shares each quarter thereafter until fully vested, subject to the Reporting Person's continued service with the Issuer or any of its subsidiaries through each vesting date. The RSUs have no expiration date. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
FAQ
What insider transaction did BridgeBio Pharma (BBIO) report for Thomas Trimarchi?
BridgeBio Pharma reported that President and CFO Thomas Trimarchi received a grant of 59,041 restricted stock units. These RSUs are equity compensation, not an open-market share purchase or sale, and increase his potential future ownership in BridgeBio common stock.
How many BridgeBio (BBIO) RSUs were granted to the President and CFO?
Thomas Trimarchi was granted 59,041 restricted stock units. Each RSU represents a contingent right to receive one share of BridgeBio common stock, subject to the vesting schedule and his continued service with the company or its subsidiaries through each vesting date.
What is the vesting schedule for Thomas Trimarchi’s BridgeBio (BBIO) RSU grant?
The RSU grant vests over time. One-sixteenth of the underlying shares vests on May 16, 2026, and one-sixteenth of the shares vests each quarter thereafter until fully vested, provided Trimarchi remains in service with BridgeBio or its subsidiaries.
Does the BridgeBio (BBIO) RSU grant to the CFO have an expiration date?
The RSUs granted to Thomas Trimarchi have no expiration date. They convert into BridgeBio common stock as they vest under the defined schedule, assuming he continues to provide service through each required vesting date as specified in the award terms.