Halozyme (NASDAQ: HALO) grants 10,000 RSUs to interim CFO Ramsay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RAMSAY DAVID A reported acquisition or exercise transactions in this Form 4 filing.
HALOZYME THERAPEUTICS, INC. reported that interim CFO David A. Ramsay received a grant of 10,000 Restricted Stock Units tied to the company’s common stock. These RSUs were awarded as compensation rather than through an open-market purchase or sale.
The award vests in full on June 30, 2026, provided he remains employed through that date. After vesting, the shares are subject to a one-year holding period, meaning he must continue to hold the resulting shares for an additional year. Following this grant, his directly held RSU-related position from this award is 10,000 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RAMSAY DAVID A
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 10,000 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 10,000 units
Total units after grant: 10,000 units
Vesting date: June 30, 2026
+2 more
5 metrics
RSU grant size
10,000 units
Restricted Stock Units granted to interim CFO
Total units after grant
10,000 units
Total RSUs held from this award following transaction
Vesting date
June 30, 2026
RSUs vest in full if employment continues
Holding period
One year
Post-vesting holding period for vested shares
Grant price per unit
$0.0000
Compensation grant, not open-market purchase
Key Terms
Restricted Stock Units, vesting, one-year holding period, grant/award acquisition
4 terms
Restricted Stock Units financial
"The 10,000 Restricted Stock Units granted to David A. Ramsay"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting financial
"This award vests in full on June 30, 2026 provided the Reporting Person remains employed"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
one-year holding period financial
"and is subject to a one-year holding period from the vesting date"
grant/award acquisition financial
"transaction_action: grant/award acquisition"
FAQ
What insider transaction did HALOZYME (HALO) disclose for David A. Ramsay?
HALOZYME disclosed that interim CFO David A. Ramsay received a grant of 10,000 Restricted Stock Units. These units are compensation-based awards linked to common stock, not an open-market purchase or sale of existing shares.
When do David A. Ramsay’s 10,000 HALO Restricted Stock Units vest?
The 10,000 Restricted Stock Units granted to David A. Ramsay vest in full on June 30, 2026. Vesting is contingent on him remaining employed through that date, aligning the award with continued service at HALOZYME.
Is there a holding period on David A. Ramsay’s HALO Restricted Stock Units?
Yes. After the 10,000 Restricted Stock Units vest on June 30, 2026, the resulting shares are subject to a one-year holding period. This means he must retain those shares for an additional year after vesting.
Was David A. Ramsay’s HALO transaction a stock purchase or sale?
No. The Form 4 shows a grant of 10,000 Restricted Stock Units as compensation, not a market transaction. The filing does not report any open-market buying or selling of HALOZYME common stock by David A. Ramsay on this date.