Arcus Biosciences (RCUS) president awarded RSUs and 126,000-share option
Rhea-AI Filing Summary
Arcus Biosciences, Inc. reported new equity awards for President Juan C. Jaen. On January 23, 2026, he received 31,000 shares of common stock as restricted stock units at a grant price of $0. These RSUs vest in four equal annual installments beginning December 15, 2026, contingent on his continued service, bringing his directly held common stock to 377,012 shares, including unvested RSUs. He also received a stock option for 126,000 shares of common stock with an exercise price of $22.13 per share. This option becomes exercisable in 48 equal monthly installments after January 1, 2026, and all 126,000 option shares are reported as directly owned. In addition, 922,240 shares of common stock are reported as indirectly owned through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 126,000 | $0.00 | -- |
| Grant/Award | Common Stock | 31,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents the grant of restricted stock units that vest in four equal annual installments beginning December 15, 2026, subject to the Reporting Person's continued service to the Company. Includes the unvested portion of the Reporting Person's RSU grants. The option becomes exercisable in 48 equal monthly installments after January 1, 2026, subject to the Reporting Person's continued service to the Company.
FAQ
What insider transaction did Arcus Biosciences (RCUS) report for its president?
Arcus Biosciences reported that President Juan C. Jaen received equity awards on January 23, 2026, including restricted stock units and a stock option, all reported on a Form 4.
What are the terms of the stock option granted to the Arcus Biosciences (RCUS) president?
He was granted a stock option for 126,000 shares of Arcus common stock with an exercise price of $22.13 per share. The option becomes exercisable in 48 equal monthly installments after January 1, 2026 and expires on January 22, 2036.
Are the equity awards to the Arcus Biosciences (RCUS) president tied to continued service?
Yes. The 31,000-share RSU grant vests in four equal annual installments beginning December 15, 2026, and the 126,000-share option vests in 48 monthly installments after January 1, 2026, each subject to his continued service to the company.
Did the Arcus Biosciences (RCUS) president pay cash for the new equity grants?
The 31,000 RSUs and the 126,000-share option grant were reported with a grant price of $0 for the awards themselves, while the option has an exercise price of $22.13 per underlying share.