Catalyst Pharma (CPRX) HR chief receives stock from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Catalyst Pharmaceuticals Chief HR Officer Gregg Russo reported equity compensation activity. On February 17, 2026, 687 restricted stock units vested and converted into an equal number of common shares at $0.00 per share. Of these, 211 shares were withheld to cover taxes, leaving 476 shares delivered. The derivative award vests in five equal annual tranches each February 13 from 2026 through 2030, with shares required to be delivered within sixty days of vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
687 shares exercised/converted
Mixed
3 txns
Insider
Russo Gregg
Role
Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 687 | $0.00 | -- |
| Exercise | Common Stock, par value $0.001 per share | 687 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.001 per share | 211 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 71,786 shares (Direct);
Common Stock, par value $0.001 per share — 687 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Registrant's common stock upon vesting. Shares withheld by the Registrant to satisfy applicable withholding taxes upon vesting of restricted common stock. Derivative securities vest in equal tranches, 1/5th each on February 13, 2026, February 13, 2027, February 13, 2028, February 13, 2029, and February 13, 2030. Shares of common stock are required to be delivered to the Reporting Person within sixty days of vesting. The first tranche of shares was delivered on February 17, 2026.
FAQ
What insider transaction did Catalyst Pharmaceuticals (CPRX) report for Gregg Russo?
Gregg Russo reported equity compensation vesting and tax withholding. On February 17, 2026, 687 restricted stock units converted into common shares, and 211 shares were withheld to satisfy taxes, resulting in 476 shares delivered to him.
What do the restricted stock units for Catalyst Pharmaceuticals (CPRX) represent?
Each restricted stock unit represents a right to one share. Upon vesting, every restricted stock unit entitles the holder to receive one share of Catalyst Pharmaceuticals common stock, delivered within sixty days of vesting according to the plan’s terms.
How is Gregg Russo’s RSU award at Catalyst Pharmaceuticals (CPRX) scheduled to vest?
The RSU award vests in five equal annual tranches. The derivative securities vest one-fifth each on February 13 of 2026, 2027, 2028, 2029, and 2030, providing a structured, multi-year equity compensation schedule.