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Get filing alertsSagimet grants CEO 300k stock options and 300k performance RSUs tied to regulatory milestones
Filed June 3, 2026 · Period ending May 28, 2026 · ~1 min read
Key Changes
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CEO David Happel received 300,000 stock options at $7.27/share and 300,000 performance-based RSUs, the largest equity grant among three executives awarded on May 28, 2026.
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Performance RSUs vest only upon achieving unspecified regulatory milestones, with one-third vesting at achievement and two-thirds over the following two years, directly tying executive pay to drug development progress.
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CFO Thierry Chauche and Chief Legal Officer Elizabeth Rozek received 50,000 and 100,000 options/PSUs respectively, with identical vesting terms.
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1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Source-verified from EDGAR · Narrative written by AI · Jun 4, 2026 · How we verify