Acurx (NASDAQ: ACXP) director gets 2,150 stock options grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Acurx Pharmaceuticals director Jack H. Dean received a compensatory stock option award for service on the company’s board. The grant covers 2,150 shares of common stock at an exercise price of $2.36 per share, expiring on April 20, 2036.
The option was granted at no cost and is scheduled to vest in full on April 20, 2027 under Acurx’s Director Compensation Policy. This Form 4 reports an option grant only; it does not show any open‑market purchases or sales of Acurx common stock by the director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DEAN JACK H
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
Expiration date: April 20, 2036
+3 more
6 metrics
Stock options granted
2,150 options
Director grant on April 20, 2026
Exercise price
$2.36 per share
Strike price for option grant
Expiration date
April 20, 2036
Option term end date
Underlying shares
2,150 shares
Common stock subject to options
Shares after transaction
2,150 derivative securities
Total options held following grant
Vesting date
April 20, 2027
Options vest per Director Compensation Policy
Key Terms
Stock Option, Director Compensation Policy, vesting, underlying security
4 terms
Stock Option financial
"security_title: "Stock Option""
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
"granted pursuant to the Issuer's Director Compensation Policy"
vesting financial
"The shares subject to the options shall vest on April 20, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
underlying security financial
"underlying_security_title: "Common Stock" and underlying_security_shares"
FAQ
What insider transaction did Acurx Pharmaceuticals (ACXP) report on this Form 4?
Acurx reported a stock option grant to director Jack H. Dean. He received options over 2,150 shares of common stock as board compensation, not through open‑market trading, with future vesting and a fixed exercise price.
What is the exercise price and term of Jack H. Dean’s Acurx (ACXP) stock options?
The options have an exercise price of $2.36 per share and expire on April 20, 2036. This gives the director a long-dated right to buy Acurx common stock at that fixed price if the award vests.
When do Jack H. Dean’s Acurx (ACXP) stock options vest according to the Form 4?
The options are scheduled to vest on April 20, 2027. Vesting is tied to his service on Acurx’s board of directors under the company’s Director Compensation Policy, meaning he must remain in service to earn the full award.
Did the Acurx (ACXP) Form 4 show any insider buying or selling of common stock?
No, the Form 4 reports only a grant of stock options, not market trades. It shows an award acquisition of derivative securities as board compensation, with no open‑market purchases or sales of Acurx common stock disclosed in this filing.