CRISPR Therapeutics (NASDAQ: CRSP) grants CMO stock options and RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CRISPR Therapeutics AG granted equity awards to its Chief Medical Officer, Naimish Patel. On March 20, 2026, he received stock options covering 38,499 common shares at an exercise price of $46.24 per share, vesting in 48 equal monthly installments starting April 20, 2026.
He was also awarded 30,000 restricted stock units, each representing one common share. These RSUs vest in four equal annual installments on March 20 of 2027, 2028, 2029 and 2030. Both awards are recorded as direct ownership and reflect compensation-related acquisitions rather than open-market purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Patel Naimish
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 38,499 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 30,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 38,499 shares (Direct);
Restricted Stock Units — 30,000 shares (Direct)
Footnotes (1)
- These shares remain subject to a lock-up agreement with the underwriters of the Issuer's offering of convertible senior notes due 2031. This option was granted on March 20, 2026 with respect to 38,499 Common Shares. 100% of the shares will vest in 48 equal monthly installments, with the first vesting date of April 20, 2026. Each restricted stock unit represents a contingent right to receive one share of CRSP Common Shares. This restricted stock unit award was granted on March 20, 2026 with respect to 30,000 Common Shares, with (i) one quarter of the shares vesting on March 20, 2027 , (ii) one quarter of the shares vesting on March 20, 2028, (iii) one quarter of the shares vesting on March 20, 2029, and (iv) one quarter of the shares vesting on March 20, 2030.
FAQ
What insider transactions did CRSP report for Naimish Patel on this Form 4?
CRISPR Therapeutics reported equity grants to Chief Medical Officer Naimish Patel. He received stock options for 38,499 common shares and 30,000 restricted stock units on March 20, 2026, both recorded as direct, compensation-related acquisitions rather than open-market buying or selling activity.
How many CRISPR Therapeutics stock options were granted to the CMO and at what price?
The CMO received options on 38,499 CRISPR Therapeutics common shares. These options have an exercise price of $46.24 per share and vest in 48 equal monthly installments starting April 20, 2026, providing long-term, performance-aligned equity compensation rather than immediate cash income.
What are the vesting terms of Naimish Patel’s CRSP stock option grant?
The stock option grant vests monthly over four years. All 38,499 underlying common shares vest in 48 equal monthly installments, with the first vesting date on April 20, 2026, creating a gradual vesting schedule that extends through early 2030 for this compensation award.
How many restricted stock units did CRSP grant to its Chief Medical Officer?
CRISPR Therapeutics granted 30,000 restricted stock units to the CMO. Each RSU represents a contingent right to receive one common share, with the award vesting in four equal annual installments from March 20, 2027 through March 20, 2030, aligning compensation with multi-year company performance.
When do the CRISPR Therapeutics RSUs granted to Naimish Patel vest?
The RSUs vest in four annual tranches from 2027 to 2030. One quarter of the 30,000 restricted stock units vests on March 20 in each of 2027, 2028, 2029 and 2030, creating a long-dated equity incentive for the Chief Medical Officer.