Koenig Sheldon L. 4
4 · Esperion Therapeutics, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Esperion (ESPR) CEO Sheldon Koenig Receives Stock Award
What Happened
- Sheldon L. Koenig, President, CEO and Director of Esperion Therapeutics (ESPR), was granted a total of 1,371,220 shares on 2026-03-13 via two award entries: 723,760 shares (direct award) and 647,460 shares classified as derivative awards. Both grants show a $0.00 acquisition price (compensation awards), so no cash was paid by the insider.
Key Details
- Transaction date: March 13, 2026; Form 4 filed March 16, 2026 (filed within SEC’s 2-business-day window).
- Grants: 723,760 shares (award) and 647,460 shares (derivative award); total 1,371,220 shares; acquisition price reported $0.00.
- Vesting: The award will vest over four years in equal quarterly installments; first vesting date is June 15, 2026 (footnote F1).
- Footnote F2: filing notes inclusion of 3,930 shares recently acquired under Esperion’s Employee Stock Purchase Plan (this relates to reported holdings).
- The derivative-classified grant likely represents restricted stock units or similar time-based equity that vests rather than immediate issuance of free shares.
Context
- This is a compensation grant (award), not an open-market buy or sale, and thus reflects executive compensation rather than a direct market signal. Vesting schedule means the shares will be earned over time; they are not immediately liquid holdings that were purchased or sold.
Insider Transaction Report
Form 4
Koenig Sheldon L.
DirectorPresident and CEO
Transactions
- Award
Common Stock
[F1][F2]2026-03-13+723,760→ 2,198,277 total - Award
Stock Option (right to buy)
[F1]2026-03-13+647,460→ 647,460 totalExercise: $2.44Exp: 2036-03-13→ Common Stock (647,460 underlying)
Footnotes (2)
- [F1]Such award will vest over a four (4) year period in equal quarterly installments, the first of which will be June 15, 2026.
- [F2]Includes 3,930 shares recently acquired in Esperion's Employee Stock Purchase Plan.
Signature
/s/ Sheldon L. Koenig|2026-03-16