ACTUATE THERAPEUTICS (ACTU) director receives grant of 15,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACTUATE THERAPEUTICS, INC. director Jason A. Keyes received a grant of stock options covering 15,000 shares of common stock. The options have an exercise price of $2.4200 per share and expire on May 21, 2036. According to the footnote, the options will vest in full on the first anniversary of the grant date, meaning Keyes must remain eligible through that date before the award is fully exercisable. Following this grant, his reported derivative holdings from this award total 15,000 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Keyes Jason A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 15,000 | $0.00 | -- |
Holdings After Transaction:
Stock Options — 15,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock options granted: 15,000 options
Exercise price: $2.4200 per share
Expiration date: May 21, 2036
+2 more
5 metrics
Stock options granted
15,000 options
Grant of stock options to director Jason A. Keyes
Exercise price
$2.4200 per share
Exercise price for the stock options
Expiration date
May 21, 2036
Options expiration for this award
Underlying shares
15,000 shares
Common stock underlying the options
Total derivative holdings after grant
15,000 options
Total stock options from this award after transaction
Key Terms
Stock Options, Common Stock, Grant, award, or other acquisition, vest in full
4 terms
Stock Options financial
"The options have an exercise price of $2.4200 per share and expire"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
Common Stock financial
"stock options covering 15,000 shares of common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction code is A, described as a grant, award, or other acquisition"
vest in full financial
"Options will vest in full on the anniversary of the grant date"
FAQ
What did ACTU director Jason A. Keyes receive in this Form 4 for ACTU?
Jason A. Keyes received a grant of stock options for 15,000 shares of ACTU common stock. These options were awarded at no cost on the grant date and give him the right to buy shares at a fixed exercise price in the future.
What is the exercise price of Jason Keyes’ new ACTU stock options?
The exercise price of Jason Keyes’ stock options is $2.4200 per share. This is the price at which he can purchase ACTU common stock once the options vest and remain exercisable until they reach their expiration date.
When do Jason Keyes’ ACTU stock options vest and expire?
The options will vest in full on the anniversary of the grant date, as disclosed in the footnote. They are scheduled to expire on May 21, 2036, giving a long window during which vested options can potentially be exercised.
How many ACTU stock options does Jason Keyes hold after this transaction?
Following this award, Jason Keyes is reported as holding 15,000 stock options from this grant. The Form 4 shows total derivative securities following the transaction equal to 15,000, all tied to ACTU common stock as the underlying security.
Is Jason Keyes’ ACTU Form 4 transaction a market purchase or sale?
No, this Form 4 reflects a grant or award acquisition, not an open-market trade. The transaction code is A, described as a grant, award, or other acquisition of derivative securities, with no reported buying or selling in the open market.