Ultragenyx (RARE) director receives RSU and stock option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ultragenyx Pharmaceutical Inc. director Sanders Corazon (Corsee) D. received new equity awards as part of compensation. On May 14, 2026, the director acquired 7,751 shares of common stock through an award of restricted stock units under the company’s 2023 Incentive Plan, bringing direct holdings to 23,095 shares.
On the same date, the director was granted a stock option for 14,058 shares of common stock at an exercise price of $25.80 per share, expiring on May 14, 2036. Both the RSUs and the option vest in full on the earlier of the company’s next annual meeting of stockholders or May 14, 2027, making these routine, time-based equity incentives rather than open-market purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sanders Corazon (Corsee) D.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 14,058 | $0.00 | -- |
| Grant/Award | Common Stock | 7,751 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 14,058 shares (Direct, null);
Common Stock — 23,095 shares (Direct, null)
Footnotes (1)
- Award of Restricted Stock Units ("RSUs") under the Company's 2023 Incentive Plan. The RSUs shall vest in full on the earlier of (i) the Company's next Annual Meeting of Stockholders or (ii) May 14, 2027. The option shall vest in full on the earlier of (i) the Company's next Annual Meeting of Stockholders or (ii) May 14, 2027.
Key Figures
RSU award: 7,751 shares
Option grant size: 14,058 shares
Option exercise price: $25.80 per share
+4 more
7 metrics
RSU award
7,751 shares
Restricted Stock Units granted May 14, 2026
Option grant size
14,058 shares
Stock Option (Right to Buy) granted May 14, 2026
Option exercise price
$25.80 per share
Exercise price of new stock option
Option expiration
May 14, 2036
Expiration date of stock option grant
Director holdings after RSU grant
23,095 shares
Total common shares directly held after award
RSU vesting date
Earlier of next annual meeting or May 14, 2027
Vesting condition for RSU award
Option vesting date
Earlier of next annual meeting or May 14, 2027
Vesting condition for stock option
Key Terms
Restricted Stock Units ("RSUs"), 2023 Incentive Plan, Stock Option (Right to Buy), Annual Meeting of Stockholders
4 terms
Restricted Stock Units ("RSUs") financial
"Award of Restricted Stock Units ("RSUs") under the Company's 2023 Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2023 Incentive Plan financial
"Award of Restricted Stock Units ("RSUs") under the Company's 2023 Incentive Plan."
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy) listed as a derivative security."
Annual Meeting of Stockholders financial
"The RSUs shall vest in full on the earlier of (i) the Company's next Annual Meeting of Stockholders or (ii) May 14, 2027."
FAQ
What equity awards did Ultragenyx (RARE) director Sanders Corazon receive?
The director received 7,751 restricted stock units and a stock option for 14,058 shares at $25.80 per share. Both awards are compensation grants, not market purchases, tied to continued board service and future vesting.
When do the new Ultragenyx (RARE) RSUs and options for the director vest?
Both the 7,751 RSUs and the 14,058-share stock option vest in full on the earlier of Ultragenyx’s next annual meeting of stockholders or May 14, 2027. Vesting depends on the director remaining in service through that date.
What is the exercise price and expiration for the Ultragenyx (RARE) director’s new option?
The stock option covers 14,058 shares of common stock at an exercise price of $25.80 per share. It expires on May 14, 2036, giving the director a long-dated right to buy shares once the option is vested.
Are the Ultragenyx (RARE) director’s equity awards open-market purchases?
No, both the 7,751-share RSU award and the 14,058-share stock option are compensation grants. They were issued under Ultragenyx’s 2023 Incentive Plan and vest based on future service, rather than being shares bought on the open market.