Acurx director granted 2,150 stock options
Acurx Pharmaceuticals, Inc. director Thomas L. Harrison received a stock option award as compensation for service on the company’s board of directors.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Acurx Pharmaceuticals, Inc. director Thomas L. Harrison received a stock option award as compensation for service on the company’s board of directors. The grant covers 2,150 stock options for common stock at an exercise price of $2.36 per share.
The options were awarded at no upfront cost and will vest on April 20, 2027, meaning they become exercisable on that date. The options are scheduled to expire on April 20, 2036 if not exercised. Following this grant, Harrison holds stock options covering 2,150 shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 2,150 | $0.00 | $0.00 |
Footnotes (1)
- F1. This stock option award is related to service on the Issuer's board of directors granted pursuant to the Issuer's Director Compensation Policy. The shares subject to the options shall vest on April 20, 2027.
Key Figures
Key Terms
Stock Option financial
Director Compensation Policy financial
exercise price financial
vest financial
expiration date financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Acurx Pharmaceuticals (ACXP) report in this Form 4 filing?
How many Acurx Pharmaceuticals (ACXP) options were granted to Thomas L. Harrison?
What is the exercise price of the new ACXP stock options?
When do Thomas L. Harrison’s ACXP stock options vest and expire?
Why did Acurx Pharmaceuticals (ACXP) grant these stock options?
How many ACXP options does Thomas L. Harrison hold after this grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.