Abeona Therapeutics (ABEO) CCO discloses 254,608 shares and stock options
Rhea-AI Filing Summary
Abeona Therapeutics’ Chief Commercial Officer, Madhav Vasanthavada, has reported his initial beneficial ownership in the company’s stock. He directly holds 254,608 shares of common stock, which include 176,384 shares of unvested restricted stock scheduled to vest on various dates between January 21, 2026 and January 21, 2028.
He also holds an employee stock option to purchase 2,400 shares of common stock at an exercise price of $4.00 per share, expiring on June 15, 2032. This option became exercisable as to 600 shares on June 15, 2023 and then in 36 equal monthly installments thereafter, providing a gradual vesting schedule over time.
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FAQ
What insider position does Madhav Vasanthavada hold at Abeona Therapeutics (ABEO)?
Madhav Vasanthavada is reported as an officer of Abeona Therapeutics Inc., serving as the company’s Chief Commercial Officer.
How many Abeona Therapeutics (ABEO) common shares does the CCO beneficially own?
The Chief Commercial Officer beneficially owns 254,608 shares of Abeona Therapeutics common stock, including a significant portion as unvested restricted stock.
How many unvested restricted Abeona (ABEO) shares are included in the CCO’s holdings?
The reported common stock holdings include 176,384 shares of unvested restricted stock, which vest on various dates between January 21, 2026 and January 21, 2028.
What stock options does the Abeona (ABEO) Chief Commercial Officer hold?
He holds an employee stock option to buy 2,400 shares of Abeona common stock at an exercise price of $4.00 per share, expiring on June 15, 2032.
What is the vesting schedule for the Abeona (ABEO) CCO’s stock option?
The option became exercisable for 600 shares on June 15, 2023 and then continues to vest in 36 equal monthly installments after that date.
Is the Abeona (ABEO) CCO’s ownership reported as direct or indirect?
Both the 254,608 common shares and the option for 2,400 shares are reported as held with direct ownership.