Company: RGNX
Filing Date: 2025-03-13
Form Type: 10-K
Source: 0000950170-25-038770
Chunk: 61

Company: REGENXBIO Inc.
Filing Date: 2025-03-13
Form: 10-K
Item: Item 16
Chunk 61
---
        0.0
        %

        0.0
        %

        0.0
        %
       
       Restricted Stock UnitsThe following table summarizes restricted stock unit activity under the 2015 Plan (in thousands, except per share data): 

        Weighted-average

        Grant Date

        Shares

        Fair Value

        Unvested balance at December 31, 2023

        1,309

        $
        25.89

        Granted

        1,217

        $
        16.07

        Vested

        (395
        )
         
        $
        27.17

        Forfeited

        (89
        )
         
        $
        22.15

        Unvested balance at December 31, 2024

        2,042

        $
        19.95

       The total intrinsic value of restricted stock units vested during the years ended December 31, 2024, 2023 and 2022 was $6.7 million, $3.9 million and $2.2 million, respectively.Employee Stock Purchase PlanIn June 2015, the Board of Directors adopted the 2015 ESPP, which became effective upon the Company’s initial public offering in September 2015. The number of authorized shares reserved for issuance under the 2015 ESPP automatically increases on the first business day of each fiscal year by the lesser of (i) 1% of the shares of common stock outstanding on the last business day of the prior fiscal year; or (ii) the number of shares determined by the Board of Directors. Unless otherwise determined by the administrator of the 2015 ESPP, two offering periods of six months’ duration will begin each year on January 1 and July 1. As of December 31, 2024, the total number of shares of common stock authorized for issuance under the 2015 ESPP was 1,426,994, of which 912,964 remained available for future issuance. During the years ended December 31, 2024, 2023 and 2022, 105,400, 103,388 and 75,733 shares of common stock, respectively, were issued under the 2015 ESPP.

12. Retirement PlanThe Company sponsors a defined-contribution retirement plan under Section 401(k) of the Internal Revenue Code (the 401(k) Plan). The 401(k)