Royalty Pharma (RPRX) director granted 815-share equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bassler Bonnie L reported acquisition or exercise transactions in this Form 4 filing.
Royalty Pharma plc director Bonnie L. Bassler received an equity grant of 815 Class A Ordinary Shares. The award was made on a grant/award basis at a reference price of $45.977 per share and was issued under the company’s 2020 Independent Director Equity Incentive Plan in lieu of a $37,500 quarterly retainer payment. Following this grant, Bassler directly holds 73,947 Class A Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bassler Bonnie L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 815 | $45.977 | $37K |
Holdings After Transaction:
Class A Ordinary Shares — 73,947 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 815 shares
Grant price per share: $45.977/share
Retainer value: $37,500
+1 more
4 metrics
Shares granted
815 shares
Class A Ordinary Shares granted as director compensation
Grant price per share
$45.977/share
Reference price for the 815-share equity award
Retainer value
$37,500
Quarterly retainer replaced by share grant
Shares owned after grant
73,947 shares
Class A Ordinary Shares directly held by Bonnie L. Bassler after transaction
Key Terms
Class A Ordinary Shares, 2020 Independent Director Equity Incentive Plan, quarterly retainer payment, grant, award, or other acquisition
4 terms
2020 Independent Director Equity Incentive Plan financial
"issued to the reporting person under the Issuer's 2020 Independent Director Equity Incentive Plan"
quarterly retainer payment financial
"in lieu of a quarterly retainer payment of $37,500"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did director Bonnie L. Bassler report in the Royalty Pharma (RPRX) Form 4?
Bonnie L. Bassler reported receiving 815 Class A Ordinary Shares of Royalty Pharma as an equity grant. The shares were issued as compensation under the 2020 Independent Director Equity Incentive Plan in lieu of a cash quarterly retainer payment of $37,500.
Was the Royalty Pharma (RPRX) Form 4 transaction a market purchase or sale?
The transaction was not a market purchase or sale; it was a grant or award acquisition. The 815 Class A Ordinary Shares were issued as compensation under the 2020 Independent Director Equity Incentive Plan instead of paying a $37,500 quarterly retainer in cash.