Form 4: Synlogic Director Richard P. Shea Acquires 15,000 Shares of Restricted Stock

Director Richard P. Shea acquired 15,000 shares of Synlogic, Inc. restricted stock on April 26, 2025, which will fully vest on December 15, 2025, pending continued service as a Non-Employee Director.

Summary

• Richard P. Shea, a director at Synlogic, Inc., acquired 15,000 shares of restricted stock on April 26, 2025.
• 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 at a price of $0.
• These shares will fully vest on December 15, 2025, contingent upon Shea's continued service as a Non-Employee Director.
• Following the transaction, Shea beneficially owns 15,506 shares of Synlogic, Inc. common stock.

Sentiment

Score: 7

Explanation: The document reflects a standard director compensation practice, indicating stability and alignment of interests. It's a neutral to slightly positive event.

Positives

• The acquisition of restricted stock aligns the director's interests with the long-term success of the company.
• The vesting schedule incentivizes continued service and commitment from the director.

Future Outlook

The director's continued service is tied to the vesting of the restricted stock, suggesting an ongoing commitment to the company.

Industry Context

Director stock grants are a common practice to align management interests with shareholder value in the biotechnology industry.

Stakeholder Impact

• Shareholders may view the director's stock acquisition positively, as it aligns their interests with the company's performance.

Key Dates

Keywords

Synlogic, Director, Richard P. Shea, Restricted Stock, Beneficial Ownership, Equity Incentive Award Plan, Non-Employee Director Compensation Program, Vesting