Form 4: Scholar Rock Director Jeffrey S. Flier Reports Significant Equity Grants and Ownership Changes

Scholar Rock Holding Corp. Director Jeffrey S. Flier reported the acquisition of 7,632 restricted stock units and 9,206 stock options, increasing his beneficial ownership in the company.

Summary

• Jeffrey S. Flier, a Director of Scholar Rock Holding Corp. (SRRK), reported changes in his beneficial ownership of the company's securities.
• On May 22, 2025, Mr. Flier acquired 7,632 shares of Common Stock in the form of Restricted Stock Units (RSUs) at a price of $0.
• These RSUs are contingent rights to receive common stock upon vesting, which occurs on the earlier of June 15, 2026, or the date of the Issuer's next Annual Meeting, subject to continued service.
• Additionally, on May 22, 2025, Mr. Flier acquired 9,206 stock options (right to buy) with an exercise price of $30.46 per share.
• These stock options are set to vest and become fully exercisable on the earlier of the first anniversary of the grant date (May 22, 2026) or the date of the Issuer's next Annual Meeting, subject to continued service, and expire on May 22, 2035.
• Following these transactions, Mr. Flier directly beneficially owns 30,145 shares of Common Stock, which includes 22,513 direct shares and the newly acquired 7,632 RSUs.
• An additional 22,272 shares of Common Stock are indirectly beneficially owned through The Jeffrey S. Flier Family Trust 2014, for which Mr. Flier's spouse and another individual are trustees; Mr. Flier disclaims Section 16 beneficial ownership of these shares.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as a director's acquisition of additional equity, even through grants, generally signals confidence in the company's future and aligns their interests with shareholders.

Positives

• The acquisition of 7,632 Restricted Stock Units (RSUs) and 9,206 stock options by a director indicates a continued alignment of interests between management and shareholders.
• Equity grants to directors are a common practice for incentivizing long-term commitment and performance.

Future Outlook

The vesting schedules for the acquired Restricted Stock Units (RSUs) and stock options extend into 2026, contingent on continued service, indicating a future commitment of the director to the company.

Industry Context

This Form 4 filing is a routine regulatory disclosure of insider trading activity, common across all industries, reflecting changes in a director's equity holdings in the company.

Related Party Transactions

• 22,272 shares of Common Stock are indirectly owned by The Jeffrey S. Flier Family Trust 2014, for which the Reporting Person's spouse, Eleftheria Maratos-Flier, and Samuel C. Sichko are trustees. The Reporting Person disclaims Section 16 beneficial ownership of these securities.

Stakeholder Impact

• Shareholders may view the director's increased equity stake as a positive signal, indicating management's commitment and belief in the company's long-term prospects.
• The equity grants serve as an incentive for the director to contribute to the company's performance, potentially benefiting all stakeholders.

Next Steps

• Vesting of 7,632 Restricted Stock Units (RSUs) on the earlier of June 15, 2026, or the date of the Issuer's next Annual Meeting.
• Vesting and exercisability of 9,206 stock options on the earlier of May 22, 2026, or the date of the Issuer's next Annual Meeting.

Key Dates

Keywords

Scholar Rock Holding Corp, SRRK, Form 4, Insider Transaction, Beneficial Ownership, Restricted Stock Units, Stock Options, Director, Equity Grant