Acurx Pharmaceuticals (ACXP) director receives 2,150 stock options grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Acurx Pharmaceuticals, Inc. director Joseph C. Scodari received a stock option grant related to his service on the company’s board. The award covers 2,150 stock options for common stock at an exercise price of $2.36 per share, with all options vesting on April 20, 2027.
The options expire on April 20, 2036. After this grant, Scodari holds 2,150 stock options directly, reflecting a compensation-related award rather than an open‑market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Scodari Joseph C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 2,150 | $0.00 | -- |
Holdings After Transaction:
Stock Option — 2,150 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock options granted: 2,150 options
Exercise price: $2.36 per share
Options after grant: 2,150 options
+2 more
5 metrics
Stock options granted
2,150 options
Grant for board service on April 20, 2026
Exercise price
$2.36 per share
Strike price for granted stock options
Options after grant
2,150 options
Total stock options held directly following transaction
Vesting date
April 20, 2027
Date when all granted options vest
Expiration date
April 20, 2036
Final date to exercise the stock options
Key Terms
Stock Option, Director Compensation Policy, vest, exercise price
4 terms
Stock Option financial
"The award covers 2,150 stock options for common stock at $2.36."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
Director Compensation Policy financial
"Award related to service under the Issuer's Director Compensation Policy."
vest financial
"The shares subject to the options shall vest on April 20, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
exercise price financial
"Stock options for common stock at an exercise price of $2.36 per share."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What did Acurx Pharmaceuticals (ACXP) director Joseph Scodari report on this Form 4?
Director Joseph C. Scodari reported receiving a stock option grant for 2,150 shares of Acurx Pharmaceuticals common stock. The grant is compensation for board service and is structured as options, not an open-market stock purchase or sale.
How many Acurx Pharmaceuticals (ACXP) options were granted to Joseph Scodari and at what price?
Joseph C. Scodari received 2,150 stock options tied to Acurx Pharmaceuticals common stock. The options have an exercise price of $2.36 per share, meaning that is the price at which he can purchase the underlying shares if he chooses to exercise.
When do Joseph Scodari’s Acurx Pharmaceuticals (ACXP) options vest and expire?
All of Joseph C. Scodari’s 2,150 stock options will vest on April 20, 2027. The options have an expiration date of April 20, 2036, giving him a long window after vesting to decide whether to exercise the award.
How many Acurx Pharmaceuticals (ACXP) options does Joseph Scodari hold after this transaction?
Following this grant, Joseph C. Scodari holds 2,150 stock options directly. These options relate to Acurx Pharmaceuticals common stock and stem from his service on the board under the company’s Director Compensation Policy described in the footnote.