[Form 4] TG THERAPEUTICS, INC. Insider Trading Activity
Rhea-AI Filing Summary
Hoberman Kenneth reported acquisition or exercise transactions in this Form 4 filing.
TG Therapeutics director Kenneth Hoberman received an equity-based award tied to the company’s stock. He was granted 8,325 Stock Tracking Units on June 11, 2026, each linked to one share of common stock.
Each unit represents a contingent right, at the board committee’s discretion, to deliver either one share of common stock or a cash payment equal to the fair market value of one share, no later than 30 days after the first anniversary of the grant date. The units will vest on the first anniversary of the grant, provided he remains in continuous service with the company through that date.
Positive
- None.
Negative
- None.
Insights
Routine director equity grant with contingent stock-or-cash settlement.
The filing shows director Kenneth Hoberman receiving 8,325 Stock Tracking Units as a compensation award, with no exercise price and each unit tied to one share of common stock or its cash equivalent. This is a standard incentive structure rather than a market transaction.
The award vests on the first anniversary of the grant if he remains in continuous service, aligning compensation with at least one year of board service. Settlement method—stock or cash—is determined by the board committee, so any future share issuance or cash outlay depends on that later decision.
The grant does not involve open-market buying or selling and represents a relatively small, service-based incentive. Future disclosures would clarify how the company ultimately settles these units after the one-year vesting and settlement window.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Tracking Unit | 8,325 | $0.00 | -- |
Footnotes (1)
- Each stock tracking unit ("STU") represents a contingent right to receive either (determined at the sole discretion of the committee of the Board of Directors of the Issuer that administers the Issuer's 2022 Incentive Plan) (i) one share of the Issuer's common stock or (ii) a cash payment equal to the fair market value of one share of the Issuer's common stock, no later than thirty (30) days after the first anniversary of the date of grant. Provided the Reporting Person remains in continuous service with the Issuer through the vesting date, the STUs shall vest upon the first anniversary of the date of grant.