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[Form 4] Sarepta Therapeutics,, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Sarepta Therapeutics (SRPT) Form 4 filing: Chief Technology Operations Officer Bilal Arif reported the award of 6,250 Performance Stock Units (PSUs) on 08/05/2025. The grant originates from a March 1 2024 PSU agreement; shares earned were approved by the Compensation Committee based on milestone achievement. The PSUs convert 1-for-1 into common stock and will vest on 03/01/2026, contingent on continued employment. Following the transaction, Arif directly holds 6,250 derivative securities; no shares were sold and no cash price was paid, indicating this is an incentive, not a market purchase. No changes to common-stock ownership were disclosed.

The filing signals ongoing executive retention and alignment with long-term performance targets but does not materially affect share count or near-term earnings. Investors typically view such equity awards as neutral unless unusually large relative to existing float.

Sarepta Therapeutics (SRPT) Comunicazione Form 4: Il Chief Technology Operations Officer Bilal Arif ha riportato il conferimento di 6.250 Performance Stock Units (PSU) in data 08/05/2025. La concessione deriva da un accordo PSU del 1° marzo 2024; le azioni maturate sono state approvate dal Comitato per la Remunerazione in base al raggiungimento di specifici obiettivi. Le PSU si convertono 1 a 1 in azioni ordinarie e matureranno il 01/03/2026, subordinatamente alla permanenza in azienda. Dopo la transazione, Arif detiene direttamente 6.250 strumenti derivati; non sono state vendute azioni né è stato pagato alcun prezzo in contanti, indicando che si tratta di un incentivo e non di un acquisto sul mercato. Non sono state comunicate variazioni nella proprietà delle azioni ordinarie.

La comunicazione indica un continuo impegno a trattenere i dirigenti e un allineamento con obiettivi di performance a lungo termine, ma non incide in modo significativo sul numero di azioni in circolazione né sugli utili a breve termine. Gli investitori generalmente considerano tali premi azionari neutrali, a meno che non siano eccezionalmente elevati rispetto al flottante esistente.

Sarepta Therapeutics (SRPT) Presentación Formulario 4: El Director de Operaciones Tecnológicas, Bilal Arif, reportó la adjudicación de 6,250 Unidades de Acciones de Desempeño (PSUs) el 08/05/2025. La concesión proviene de un acuerdo de PSU fechado el 1 de marzo de 2024; las acciones ganadas fueron aprobadas por el Comité de Compensación basándose en el logro de hitos. Las PSUs se convierten 1 a 1 en acciones comunes y se consolidarán el 01/03/2026, condicionado a la continuidad laboral. Tras la transacción, Arif posee directamente 6,250 valores derivados; no se vendieron acciones ni se pagó ningún precio en efectivo, lo que indica que es un incentivo y no una compra en el mercado. No se divulgaron cambios en la propiedad de acciones comunes.

La presentación indica una retención ejecutiva continua y alineación con objetivos de desempeño a largo plazo, pero no afecta materialmente el número de acciones ni las ganancias a corto plazo. Los inversores suelen considerar estas concesiones de acciones como neutrales, a menos que sean inusualmente grandes en relación con el flotante existente.

Sarepta Therapeutics (SRPT) Form 4 제출: 최고기술운영책임� 빌랄 아리프가 2025� 8� 5일에 6,250개의 성과 주식 단위(PSU)� 수여받았�� 보고했습니다. � 부여는 2024� 3� 1� PSU 계약에서 비롯되었으며, 성과 달성� 따라 보상위원회의 승인� 받았습니�. PSU� 1대1 비율� 보통주로 전환되며, 2026� 3� 1일에 베스팅됩니다, � 계속 고용� 유지되는 조건입니�. 거래 � 아리프는 직접 6,250개의 파생증권� 보유하고 있으�, 주식 매도� 현금 지급은 없었으므� 이는 인센티브이며 시장 구매가 아님� 의미합니�. 보통� 소유� 변화는 공개되지 않았습니�.

이번 제출은 경영� 유지 � 장기 성과 목표와� 정렬� 나타내지� 주식 수나 단기 수익� 중대� 영향� 미치지 않습니다. 투자자들은 일반적으� 기존 유통 주식 대� 매우 크지 않은 � 이러� 주식 보상� 중립적으� 봅니�.

Sarepta Therapeutics (SRPT) Dépôt Formulaire 4 : Le Directeur des opérations technologiques, Bilal Arif, a déclaré l'attribution de 6 250 unités d'actions de performance (PSU) le 08/05/2025. Cette attribution provient d'un accord PSU daté du 1er mars 2024 ; les actions attribuées ont été approuvées par le comité de rémunération sur la base de la réalisation d'étapes clés. Les PSU se convertissent en actions ordinaires à raison de 1 pour 1 et seront acquises le 01/03/2026, sous réserve de la poursuite de l'emploi. Suite à la transaction, Arif détient directement 6 250 titres dérivés ; aucune action n'a été vendue et aucun paiement en espèces n'a été effectué, ce qui indique qu'il s'agit d'une incitation et non d'un achat sur le marché. Aucun changement dans la détention d'actions ordinaires n'a été divulgué.

Le dépôt signale une rétention continue des cadres et un alignement sur les objectifs de performance à long terme, mais n'affecte pas de manière significative le nombre d'actions ou les bénéfices à court terme. Les investisseurs considèrent généralement ces attributions d'actions comme neutres, sauf si elles sont exceptionnellement importantes par rapport au flottant existant.

Sarepta Therapeutics (SRPT) Form 4 Einreichung: Chief Technology Operations Officer Bilal Arif meldete die Zuteilung von 6.250 Performance Stock Units (PSUs) am 08.05.2025. Die Gewährung stammt aus einer PSU-Vereinbarung vom 1. März 2024; die zugeteilten Aktien wurden vom Vergütungsausschuss basierend auf der Erreichung von Meilensteinen genehmigt. Die PSUs werden 1:1 in Stammaktien umgewandelt und vesten am 01.03.2026, vorbehaltlich einer fortgesetzten Anstellung. Nach der Transaktion hält Arif direkt 6.250 derivative Wertpapiere; es wurden keine Aktien verkauft und kein Barpreis gezahlt, was darauf hinweist, dass es sich um eine Anreizgewährung und keinen Marktkauf handelt. Änderungen im Stammaktienbesitz wurden nicht offengelegt.

Die Einreichung signalisiert eine fortlaufende Bindung der Führungskräfte und Ausrichtung auf langfristige Leistungsziele, hat jedoch keine wesentliche Auswirkung auf die Aktienanzahl oder kurzfristigen Gewinne. Investoren betrachten solche Aktienvergaben in der Regel als neutral, sofern sie nicht ungewöhnlich groß im Verhältnis zum bestehenden Streubesitz sind.

Positive
  • Performance-conditioned equity promotes alignment between the CTO and shareholders.
  • No insider selling; the transaction is non-dilutive until vesting, signaling retention rather than cashing out.
Negative
  • None.

Insights

TL;DR: Routine equity award; minimal market impact.

The 6,250-unit PSU grant to the CTO is a standard retention tool, representing less than 0.01% of SRPT’s ~85 million diluted shares. Because the PSUs vest in 2026 and carry no immediate cash cost, dilution and expense recognition are spread over future periods and are already contemplated in SBC projections. No open-market buying or selling occurred, so supply-demand dynamics remain unchanged. Overall, the filing is informational with negligible valuation implications.

TL;DR: Award aligns management with milestone goals; governance intact.

Performance-based equity, rather than time-based RSUs, strengthens pay-for-performance alignment. The committee’s milestone assessment suggests governance processes are functioning. Vesting through 2026 supports executive retention during key commercial launches. However, the modest size means limited signaling effect regarding insider confidence. Impact to shareholders is therefore neutral.

Sarepta Therapeutics (SRPT) Comunicazione Form 4: Il Chief Technology Operations Officer Bilal Arif ha riportato il conferimento di 6.250 Performance Stock Units (PSU) in data 08/05/2025. La concessione deriva da un accordo PSU del 1° marzo 2024; le azioni maturate sono state approvate dal Comitato per la Remunerazione in base al raggiungimento di specifici obiettivi. Le PSU si convertono 1 a 1 in azioni ordinarie e matureranno il 01/03/2026, subordinatamente alla permanenza in azienda. Dopo la transazione, Arif detiene direttamente 6.250 strumenti derivati; non sono state vendute azioni né è stato pagato alcun prezzo in contanti, indicando che si tratta di un incentivo e non di un acquisto sul mercato. Non sono state comunicate variazioni nella proprietà delle azioni ordinarie.

La comunicazione indica un continuo impegno a trattenere i dirigenti e un allineamento con obiettivi di performance a lungo termine, ma non incide in modo significativo sul numero di azioni in circolazione né sugli utili a breve termine. Gli investitori generalmente considerano tali premi azionari neutrali, a meno che non siano eccezionalmente elevati rispetto al flottante esistente.

Sarepta Therapeutics (SRPT) Presentación Formulario 4: El Director de Operaciones Tecnológicas, Bilal Arif, reportó la adjudicación de 6,250 Unidades de Acciones de Desempeño (PSUs) el 08/05/2025. La concesión proviene de un acuerdo de PSU fechado el 1 de marzo de 2024; las acciones ganadas fueron aprobadas por el Comité de Compensación basándose en el logro de hitos. Las PSUs se convierten 1 a 1 en acciones comunes y se consolidarán el 01/03/2026, condicionado a la continuidad laboral. Tras la transacción, Arif posee directamente 6,250 valores derivados; no se vendieron acciones ni se pagó ningún precio en efectivo, lo que indica que es un incentivo y no una compra en el mercado. No se divulgaron cambios en la propiedad de acciones comunes.

La presentación indica una retención ejecutiva continua y alineación con objetivos de desempeño a largo plazo, pero no afecta materialmente el número de acciones ni las ganancias a corto plazo. Los inversores suelen considerar estas concesiones de acciones como neutrales, a menos que sean inusualmente grandes en relación con el flotante existente.

Sarepta Therapeutics (SRPT) Form 4 제출: 최고기술운영책임� 빌랄 아리프가 2025� 8� 5일에 6,250개의 성과 주식 단위(PSU)� 수여받았�� 보고했습니다. � 부여는 2024� 3� 1� PSU 계약에서 비롯되었으며, 성과 달성� 따라 보상위원회의 승인� 받았습니�. PSU� 1대1 비율� 보통주로 전환되며, 2026� 3� 1일에 베스팅됩니다, � 계속 고용� 유지되는 조건입니�. 거래 � 아리프는 직접 6,250개의 파생증권� 보유하고 있으�, 주식 매도� 현금 지급은 없었으므� 이는 인센티브이며 시장 구매가 아님� 의미합니�. 보통� 소유� 변화는 공개되지 않았습니�.

이번 제출은 경영� 유지 � 장기 성과 목표와� 정렬� 나타내지� 주식 수나 단기 수익� 중대� 영향� 미치지 않습니다. 투자자들은 일반적으� 기존 유통 주식 대� 매우 크지 않은 � 이러� 주식 보상� 중립적으� 봅니�.

Sarepta Therapeutics (SRPT) Dépôt Formulaire 4 : Le Directeur des opérations technologiques, Bilal Arif, a déclaré l'attribution de 6 250 unités d'actions de performance (PSU) le 08/05/2025. Cette attribution provient d'un accord PSU daté du 1er mars 2024 ; les actions attribuées ont été approuvées par le comité de rémunération sur la base de la réalisation d'étapes clés. Les PSU se convertissent en actions ordinaires à raison de 1 pour 1 et seront acquises le 01/03/2026, sous réserve de la poursuite de l'emploi. Suite à la transaction, Arif détient directement 6 250 titres dérivés ; aucune action n'a été vendue et aucun paiement en espèces n'a été effectué, ce qui indique qu'il s'agit d'une incitation et non d'un achat sur le marché. Aucun changement dans la détention d'actions ordinaires n'a été divulgué.

Le dépôt signale une rétention continue des cadres et un alignement sur les objectifs de performance à long terme, mais n'affecte pas de manière significative le nombre d'actions ou les bénéfices à court terme. Les investisseurs considèrent généralement ces attributions d'actions comme neutres, sauf si elles sont exceptionnellement importantes par rapport au flottant existant.

Sarepta Therapeutics (SRPT) Form 4 Einreichung: Chief Technology Operations Officer Bilal Arif meldete die Zuteilung von 6.250 Performance Stock Units (PSUs) am 08.05.2025. Die Gewährung stammt aus einer PSU-Vereinbarung vom 1. März 2024; die zugeteilten Aktien wurden vom Vergütungsausschuss basierend auf der Erreichung von Meilensteinen genehmigt. Die PSUs werden 1:1 in Stammaktien umgewandelt und vesten am 01.03.2026, vorbehaltlich einer fortgesetzten Anstellung. Nach der Transaktion hält Arif direkt 6.250 derivative Wertpapiere; es wurden keine Aktien verkauft und kein Barpreis gezahlt, was darauf hinweist, dass es sich um eine Anreizgewährung und keinen Marktkauf handelt. Änderungen im Stammaktienbesitz wurden nicht offengelegt.

Die Einreichung signalisiert eine fortlaufende Bindung der Führungskräfte und Ausrichtung auf langfristige Leistungsziele, hat jedoch keine wesentliche Auswirkung auf die Aktienanzahl oder kurzfristigen Gewinne. Investoren betrachten solche Aktienvergaben in der Regel als neutral, sofern sie nicht ungewöhnlich groß im Verhältnis zum bestehenden Streubesitz sind.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Arif Bilal

(Last) (First) (Middle)
215 FIRST STREET

(Street)
CAMBRIDGE MA 02129

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Sarepta Therapeutics, Inc. [ SRPT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Tech Ops Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/05/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Stock Units (1) 08/05/2025 A 6,250 (1) (1) Common Stock 6,250 $0 6,250 D
Explanation of Responses:
1. Represents the number of shares earned under a PSU award granted to the Reporting Person on March 1, 2024. The number of shares earned is based on the Compensation Committee's determination of the Company's achievement of the prescribed milestones under the terms of the PSU award. The earned PSUs will vest on March 1, 2026, subject to the Reporting Person continuing to provide service to the Company through such vesting date.
/s/ Cristin Rothfuss, as Attorney-in-Fact for Bilal Arif 08/06/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Sarepta Therapeutics' CTO acquire on 08/05/2025?

Bilal Arif received 6,250 Performance Stock Units under a 2024 PSU plan.

When will the 6,250 PSUs reported for SRPT vest?

The units vest on 03/01/2026, subject to continued employment.

Did the Form 4 show any insider selling of SRPT shares?

No. The filing reflects an award (code "A"); no shares were sold or disposed.

How significant is the PSU award relative to Sarepta’s share count?

6,250 shares represent <0.01% of roughly 85 million diluted shares—immaterial dilution.

Does this Form 4 affect Sarepta Therapeutics� earnings?

Expense will be recognized over the vesting period, but the amount is not material to near-term EPS.
Sarepta Therapeutics Inc

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1.60B
93.94M
4.42%
96.65%
15.12%
Biotechnology
Pharmaceutical Preparations
United States
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