Immunocore (IMCR) grants CFO RSUs and stock options with multi-year vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coy Travis Alan reported acquisition or exercise transactions in this Form 4 filing.
Immunocore Holdings plc reported that Chief Financial Officer Travis Alan Coy received new equity awards. On February 17, 2026, he was granted 33,353 Restricted Share Units, each representing a contingent right to receive one Ordinary Share, which vest in four equal annual installments starting February 17, 2027, subject to continuous service.
He was also granted an option over 95,637 shares, with 25% vesting on February 17, 2027 and 6.25% vesting in quarterly installments thereafter, also subject to continuous service. Ordinary Shares may be represented by American Depositary Shares, with each ADS equal to one Ordinary Share.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Coy Travis Alan
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 33,353 | $0.00 | -- |
| Grant/Award | Employee Share Option (Right to Buy) | 95,637 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 33,353 shares (Direct);
Employee Share Option (Right to Buy) — 95,637 shares (Direct)
Footnotes (1)
- Each restricted share unit ("RSU") represents a contingent right to receive one Ordinary Share. The RSUs vest in four equal annual installments beginning February 17, 2027, subject to the Reporting Person's continuous service through each such vesting date. Ordinary Shares may be represented by American Depositary Shares. Each American Depositary Share represents one Ordinary Share. 25% of the shares subject to the option award shall vest on February 17, 2027, and 6.25% of the shares subject to the option award shall vest in quarterly installments thereafter, subject to the Reporting Person's continuous service through each such vesting date.
FAQ
What equity awards did Immunocore (IMCR) grant to its CFO?
Immunocore granted CFO Travis Alan Coy 33,353 Restricted Share Units and an option over 95,637 shares. These awards provide future rights to Ordinary Shares, subject to multi-year vesting and his continued service with the company.
How do the new RSUs for Immunocore (IMCR) CFO vest?
The 33,353 Restricted Share Units vest in four equal annual installments starting February 17, 2027. Each vested RSU delivers one Ordinary Share, assuming the CFO remains continuously employed through each vesting date specified in the award terms.
What is the vesting schedule for the Immunocore (IMCR) CFO stock options?
The option over 95,637 shares vests with 25% on February 17, 2027, then 6.25% quarterly thereafter. Vesting depends on the CFO’s continuous service through each vesting date, aligning long-term incentives with ongoing employment.
What does each Immunocore (IMCR) RSU granted to the CFO represent?
Each Restricted Share Unit represents a contingent right to receive one Ordinary Share. Delivery occurs as the RSUs vest over time, subject to the CFO meeting the continuous service conditions outlined in the award agreement.
Were the Immunocore (IMCR) CFO equity awards open-market purchases or grants?
The transactions were equity grants, not open-market purchases. They are classified as awards acquired at a stated price of $0.00 per share, reflecting standard incentive compensation rather than cash-funded share purchases.