[Form 4] ACHIEVE LIFE SCIENCES, INC. Insider Trading Activity
Rhea-AI Filing Summary
Achieve Life Sciences, Inc. reported an insider equity grant for its Chief Legal Officer on a Form 4. On 12/04/2025, the officer received a stock option to purchase 250,000 shares of common stock at an exercise price of $4.78 per share. The option is exercisable as of 12/04/2025 and has an expiration date of 12/04/2035.
According to the footnote, this option will vest as to one quarter of the total award on the first anniversary of October 20, 2025, and the remaining portion will vest in substantially equal monthly installments over 36 months, subject to continued service with the company on each vesting date. Following this grant, the officer beneficially owns 250,000 derivative securities directly.
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FAQ
What insider transaction did Achieve Life Sciences (ACHV) report on this Form 4?
Achieve Life Sciences reported the grant of a stock option for 250,000 shares of common stock to its Chief Legal Officer on 12/04/2025.
What is the exercise price and term of the new Achieve Life Sciences (ACHV) stock option?
The stock option has an exercise price of $4.78 per share, became exercisable on 12/04/2025, and has an expiration date of 12/04/2035.
How does the 250,000-share stock option for ACHV’s Chief Legal Officer vest?
The option will vest as to 1/4 of the total award on the first anniversary of October 20, 2025, with the remainder vesting in substantially equal monthly installments over 36 months, subject to continued service.
What is the reporting person’s role at Achieve Life Sciences (ACHV)?
The reporting person is an officer of Achieve Life Sciences, serving as the company’s Chief Legal Officer.
How many derivative securities does the Achieve Life Sciences (ACHV) officer own after this transaction?
After this transaction, the officer beneficially owns 250,000 derivative securities (stock options) with direct ownership.