Form 4: Director Michael P. Bailey Receives Verastem Equity Grant

Director Michael P. Bailey was granted 108,000 restricted stock units in Verastem, Inc. as part of an equity incentive plan.

Summary

• Director Michael P. Bailey received a total of 108,000 restricted stock units (RSUs) from Verastem, Inc. on May 21, 2026.
• The grant consists of 36,000 Annual Grant RSUs and 72,000 Initial Grant RSUs.
• The Annual Grant RSUs vest in twelve installments through May 31, 2027.
• The Initial Grant RSUs vest in twelve quarterly installments over a three-year period starting from May 21, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of immediate market impact.

Positives

• Alignment of director interests with shareholders through equity-based compensation.

Negatives

• Potential for future shareholder dilution upon the vesting and issuance of the underlying common stock.

Risks

• Vesting is contingent upon the continued service of the director, creating a dependency on personnel retention.

Future Outlook

The director's equity will vest over the next three years, contingent upon continued service to the company.

Industry Context

StockSavvy.ai notes that equity grants to directors are standard corporate governance practice in the biotechnology sector to ensure long-term alignment between board members and company performance.

Comparison to Industry Standards

• The use of the 2021 Equity Incentive Plan is consistent with standard compensation structures for mid-cap biotechnology firms.
• Vesting schedules tied to continued service are typical for board-level equity compensation.

Stakeholder Impact

• Shareholders may experience minor dilution as these RSUs vest and convert into common stock.

Next Steps

• Vesting of Annual Grant RSUs beginning June 2026.
• Vesting of Initial Grant RSUs on a quarterly basis starting three months after May 21, 2026.

Key Dates

Keywords

Verastem, VSTM, Form 4, Director Compensation, Equity Incentive Plan, Restricted Stock Units