Akari Therapeutics (AKTX) CEO granted stock options tied to ADS and financings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Akari Therapeutics CEO Abizer Gaslightwala reported new stock option awards. On April 1, 2026 he was granted options over 15,563 American Depositary Shares at an exercise price of $14.63 per ADS and options over 5,500 ADS at $4.64 per ADS. Each ADS represents 80,000 ordinary shares. These awards were compensation-related grants rather than open-market share purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Gaslightwala Abizer
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 5,500 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 15,563 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 5,500 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 15,563 ADS
Exercise price: $14.63 per ADS
Second option grant size: 5,500 ADS
+5 more
8 metrics
Option grant size
15,563 ADS
CEO stock option grant at $14.63 exercise price
Exercise price
$14.63 per ADS
Option over 15,563 ADS, expires June 24, 2036
Second option grant size
5,500 ADS
CEO stock option grant at $4.64 exercise price
Exercise price (second grant)
$4.64 per ADS
Option over 5,500 ADS, expires April 1, 2036
Underlying ordinary share ratio
80,000 ordinary shares per ADS
Footnote describing ADS-to-ordinary share relationship
Financing threshold for vesting
$15,000,000
Qualified financings required for full option vesting
Completed qualified financing
$5,500,000
Triggered vesting of 5,500 ADS under April 1, 2026 option
Par value per ordinary share
$0.000000005
Ordinary share par value referenced in option footnote
Key Terms
Stock Option (Right to Buy), American Depositary Shares, qualified financings, gross proceeds, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
qualified financings financial
"vests in three installments based on the closing of qualified financings"
gross proceeds financial
"qualified financings of at least $15,000,000 in gross proceeds"
The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.
par value financial
"ordinary shares with a par value of $0.000000005 per ordinary share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
What did Akari Therapeutics (AKTX) CEO Abizer Gaslightwala report on this Form 4?
The Form 4 shows Abizer Gaslightwala received stock option awards as compensation. He was granted options over 15,563 and 5,500 American Depositary Shares, with no open-market share purchases or sales reported.
How many Akari Therapeutics (AKTX) stock options did the CEO receive?
Abizer Gaslightwala received options over 15,563 American Depositary Shares and a separate grant over 5,500 ADS. Each option gives the right to buy one ADS under the specified exercise price and expiry terms in the filing.
What are the exercise prices and expirations of the Akari (AKTX) CEO’s new options?
One option grant covers 15,563 ADS at $14.63 per ADS expiring on June 24, 2036. The other covers 5,500 ADS at $4.64 per ADS, expiring on April 1, 2036, according to the reported terms.
How were the Akari (AKTX) CEO’s options linked to company financings?
A footnote explains a 15,000 ADS option grant vests in installments based on qualified financings of at least $15,000,000. A completed $5,500,000 financing caused vesting of 5,500 ADS under that option grant.