v3.25.2
Subsequent Events
3 Months Ended
Jun. 30, 2025
Subsequent Events [Abstract]  
Subsequent Events
Note 16—Subsequent Events
 
In July 2025, the board of directors appointed Frank Torti as an executive officer of the Company and as President and Vant Chair at the Company’s wholly-owned subsidiary, Roivant Sciences, Inc. (“RSI”). In connection with this appointment, the Compensation Committee approved a compensation package for Dr. Torti consisting of (i) a one-time cash retention award, (ii) PSUs with both performance- and time-vesting components and (iii) time-vesting RSUs. The Company is evaluating the accounting impact of these awards and will include relevant disclosures in its Form 10-Q for the three months ending September 30, 2025.
 
A summary of the awards approved is as follows:
 
Executive
 
Title
 
Performance Restricted
Stock Units
(at max) (#)
   
Restricted
Stock Units
(#)
   
Cash Awards
($ in
thousands)
 
Frank Torti
 
RSI President and Vant Chair
   
11,900,000
     
1,836,547
   
$
7,500