Equity awards: C4 Therapeutics (NASDAQ: CCCC) CBO granted 200,000 RSUs
Rhea-AI Filing Summary
C4 Therapeutics Chief Business Officer Scott N. Boyle reported equity compensation activity in C4 Therapeutics, Inc. common stock. On February 13, 2026, he received a grant of 200,000 restricted stock units (RSUs), with 100,000 RSUs vesting in three equal annual installments starting February 13, 2027, and 100,000 RSUs vesting in full on February 13, 2029, subject to performance milestones. On February 13 and 14, 2026, previously granted RSUs vested, resulting in the acquisition of 25,950 shares of common stock through derivative exercises, while 9,004 shares were withheld by the company at $1.89 per share to satisfy tax obligations, which the filing states does not represent an open market sale. After these transactions, Boyle directly owned 298,801 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 20,950 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,269 | $1.89 | $14K |
| Grant/Award | Common Stock | 200,000 | $0.00 | -- |
| Exercise | Common Stock | 5,000 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,735 | $1.89 | $3K |
Footnotes (1)
- Represents restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's Common Stock upon vesting and settlement. The RSUs shall vest as follows: (i) 100,000 RSUs shall vest in three equal annual installments following the grant date, with the first installment vesting on February 13, 2027, and (ii) 100,000 RSUs shall vest in full on February 13, 2029, subject to potential acceleration upon achievement of certain performance milestones. Reflects the acquisition of shares of Common Stock upon vesting of previously disclosed grants of RSUs. The grants of RSUs were initially reported in Table I of the Forms 4 filed by the Reporting Person on February 15, 2023, February 14, 2024 and February 18, 2025. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs and does not represent a sale by the Reporting Person.