Form 4: Synlogic Director James P. Flynn Acquires 15,000 Shares of Restricted Stock

Director James P. Flynn acquired 15,000 shares of Synlogic, Inc. restricted stock on April 26, 2025, as part of the Non-Employee Director Compensation Program.

Summary

• On April 26, 2025, James P. Flynn, a director of Synlogic, Inc., acquired 15,000 shares of restricted common stock.
• The acquisition was part of the Amended and Restated Non-Employee Director Compensation Program and the 2015 Equity Incentive Award Plan.
• The shares were granted on April 26, 2025, and will fully vest on December 15, 2025, contingent upon Flynn's continued service as a Non-Employee Director.

Sentiment

Score: 7

Explanation: The document reflects a standard compensation practice, indicating stability and alignment of interests. The sentiment is neutral to positive.

Positives

• The grant of restricted stock aligns the director's interests with those of the shareholders.
• The vesting schedule incentivizes continued service and commitment to the company.

Risks

• The vesting of the shares is contingent upon continued service, which introduces a risk if the director were to leave the company before the vesting date.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the restricted stock.

Industry Context

This type of equity grant is a common practice for compensating non-employee directors in publicly traded companies, aligning their interests with those of shareholders and incentivizing their continued service.

Comparison to Industry Standards

• Equity compensation for non-employee directors is a standard practice across the biotechnology industry.
• Companies like Amgen, Gilead Sciences, and Biogen often use a mix of cash and equity to compensate their directors.
• The amount and vesting schedule of the restricted stock are likely benchmarked against peer companies to ensure competitive compensation.

Stakeholder Impact

• Shareholders may view the equity grant positively as it aligns the director's interests with the company's long-term success.
• The director is incentivized to contribute to the company's growth and performance to realize the value of the restricted stock.

Key Dates

Keywords

Synlogic, Director, James P. Flynn, Restricted Stock, Equity Incentive, Compensation, Beneficial Ownership