Shapiro David 4
4 · Design Therapeutics, Inc. · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
Design Therapeutics Director David Shapiro Receives Stock Awards
What Happened
David Shapiro, a director of Design Therapeutics (DSGN), received two grants of derivative awards on March 31, 2026: 60,000 shares and 7,500 shares, each reported at $0.00 per share (total reported value $0). These awards are reported as grants (transaction code A) and will vest over time per the schedules below.
Key Details
- Transaction date: March 31, 2026; Form 4 filed April 1, 2026 (timely filing).
- Grants: 60,000 derivative shares @ $0.00 and 7,500 derivative shares @ $0.00 (total 67,500).
- Vesting: 60,000 shares vest in equal monthly installments over 36 months beginning March 31, 2026 (F1); 7,500 shares vest in equal monthly installments over 12 months beginning March 31, 2026 (F2).
- Shares owned after the transaction: not specified in this Form 4.
- No cash paid or sale reported; these are awards/derivative grants (code A), not open‑market purchases or exercises.
Context
These grants are time‑based awards that give the director a right to receive company shares as they vest; they do not represent an immediate purchase or sale and do not indicate any immediate cash change. For retail investors, awards signal retention/compensation actions rather than direct insider buying/selling.
Insider Transaction Report
- Award
Stock option (right to buy)
[F1]2026-03-31+60,000→ 60,000 totalExercise: $10.64Exp: 2036-03-30→ Common Stock (60,000 underlying) - Award
Stock option (right to buy)
[F2]2026-03-31+7,500→ 7,500 totalExercise: $10.64Exp: 2036-03-30→ Common Stock (7,500 underlying)
Footnotes (2)
- [F1]The shares subject to the option will vest in equal monthly installments over 36 months following March 31, 2026.
- [F2]The shares subject to the option will vest in equal monthly installments over 12 months following March 31, 2026.